Tibet Sky Road: Due to the lack of careful examination in income confirmation, the Tibet Securities Regulatory Bureau issued a warning letter to the company and took regulatory measures by holding talks with relevant responsible individuals.

date
30/04/2025
On April 30th, Tibet Tianlu announced that the company and relevant responsible persons recently received the decision issued by the Tibet Regulatory Bureau of the China Securities Regulatory Commission on issuing a warning letter to Tibet Tianlu Co., Ltd., as well as the decision to conduct regulatory interviews with Chen Lin, Qiu Bo, and Liu Danming. After investigation, it was found that the company's controlling subsidiary, Chongqing Chongjiao Regeneration Resources Development Co., Ltd., had been careless in recognizing income in its financial handling in 2021, violating relevant provisions of the "Regulations on the Disclosure of Information by Listed Companies." The company has corrected the accounting errors in April 2025. The Tibet Regulatory Bureau decided to issue a warning letter to the company as a supervisory measure and include the relevant information in the securities and futures market integrity file. At the same time, the former chairman Chen Lin, former general manager Qiu Bo, and former chief financial officer Liu Danming are primarily responsible for the above issues. The Tibet Regulatory Bureau decided to conduct regulatory interviews with them as a supervisory measure and include the relevant information in the securities and futures market integrity file.