Shenzhen JT Automation Equipment (300400.SZ): The Shenzhen Securities Regulatory Bureau has taken measures to order the company to make corrections.
Jingtuo Group (300400.SZ) announcement, the company recently received the "Decision of the Shenzhen Securities Regulatory Bureau on Ordering Jingtuo Automation Equipment Co., Ltd. of Shenzhen to Make Corrections and Issuing Warning Letters to Wang Xinjie, WU SIYUAN, Xu Deyong, Zhu Xi, Shao Shuli, and Mao Yijing". The decision pointed out that the company had issues such as inaccuracies in stock payment expense accounting, non-standard income accounting, failure to appropriately identify significant financing components in sales contracts, inaccurate provision for bad debts in accounts receivable, and inaccurate provision for impairment of some inventory.
Shenzhen JT Automation Equipment (300400.SZ) announcement, the company recently received the "Decision of the Shenzhen Securities Regulatory Bureau on ordering Shenzhen JT Automation Equipment Co., Ltd. to correct and issuing warning letters to Wang Xinjie, WU SIYUAN, Xu Deyong, Zhu Xi, Shao Shuli, and Mao Yijing". The decision pointed out that the company had problems such as inaccurate calculation of stock payment expenses, non-standard income accounting, failure to properly identify significant financing components in sales contracts, inaccurate provision for bad debts in accounts receivable, and inaccurate provision for inventory write-downs.
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