Jingsheng Mechanical and Electrical Receives Warning Letter Due to Irregular Internal Control of Sales Revenue

Jingsheng Mechanical and Electrical announced that the company has received a warning letter from the Zhejiang Securities Regulatory Bureau. An inspection revealed that in 2024 and 2025, the company had irregular management of income documents for certain sales contracts, and the internal control self-assessment reports for the relevant years did not accurately reflect these issues, leading to inaccurate information disclosure. The Zhejiang Securities Regulatory Bureau has decided to issue a warning letter as a supervisory measure against the company and its chairman, Cao Jianwei, general manager He Jun, and the then financial officer and board secretary, Lu Xiaowen, and to record this in the integrity file of the securities and futures market.

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