Sichuan Huati Lighting Technology (603679.SH) and related personnel received a warning letter from the Sichuan Securities Regulatory Bureau.

Sichuan Huati Lighting Technology (603679.SH) issued an announcement, stating that on January 15, 2025, the company received a decision from the Sichuan Regulatory Bureau of the China Securities Regulatory Commission issuing a warning letter to Sichuan Huati Lighting Technology Co., Ltd. and related responsible personnel (Decision No. 6 of 2025). Upon investigation, the company acted as an agent in certain trade transactions, but recognized revenue based on the total amount, which did not comply with the provisions of Article 34 of Accounting Standards for Business Enterprises No. 14 - Revenue. This resulted in an overstatement of operating revenue and operating costs of 6.3909 million yuan in the company's financial report for 2023. The above actions of the company violated Article 3, Paragraph 1 of the "Regulations on the Management of Information Disclosure by Listed Companies" (CSRC Order No. 182). In accordance with Article 51, Paragraph 3 of the "Regulations on the Management of Information Disclosure by Listed Companies" (CSRC Order No. 182), Chairman and General Manager Liang Xi, and Chief Financial Officer Lan Zhenzhong bear primary responsibility for the company's aforementioned violations.