Yunding Technology (000409.SZ) received a warning letter from the Shandong Securities Regulatory Bureau

Yunding Technology (000409.SZ) announcement, the company recently received a decision from the Shandong Regulatory Bureau of the China Securities Regulatory Commission to issue a warning letter to Yunding Technology Limited and relevant responsible persons. The warning letter pointed out that some of the trade business of Shandong Taide New Energy Co., Ltd. ("Shandong Taide") within the scope of the company's 2015 consolidated financial statements did not meet the revenue recognition criteria, leading to inaccurate disclosure of relevant information in the company's 2015 annual report.