
ST ENJOYOR received an advance notice of administrative penalty from the Zhejiang Securities Regulatory Bureau

ST ENJOYOR received an advance notice of administrative penalty from the Zhejiang Securities Regulatory Bureau for failing to disclose related party non-operating fund occupation and related guarantees as required, resulting in false records in the 2023 annual report and the 2024 semi-annual report. The Zhejiang Securities Regulatory Bureau intends to impose a fine of 7 million yuan on the company and impose fines and warnings of varying amounts on several responsible persons
According to the Zhitong Finance APP, *ST ENJOYOR (300020.SZ) announced that the company received the "Notice of Administrative Penalty Pre-Decision" issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission today. The notice pointed out that:
ENJOYOR Technology failed to disclose the non-operating fund occupation by related parties as required, and there were false records in the 2023 annual report and the 2024 semi-annual report; ENJOYOR Technology failed to disclose related guarantees as required, with significant omissions in the annual reports from 2018 to 2023; there were false records in the financial reports from 2021 to the third quarter of 2023; the information disclosure in related announcement documents of ENJOYOR Technology was inaccurate and incomplete.
The Zhejiang Securities Regulatory Bureau intends to decide: to order ENJOYOR Technology Co., Ltd. to make corrections, issue a warning, and impose a fine of 7 million yuan; to impose a fine of 6 million yuan on Wang Hui; to issue a warning to Wang Teng and impose a fine of 2.5 million yuan; to issue a warning to Han Zhenxing and Ren Gang and impose fines of 2 million yuan each; to issue a warning to Wu Mengli and Wang Ruikang and impose fines of 1.5 million yuan each; to issue a warning to Jun Gao and impose a fine of 1.1 million yuan; to issue a warning to Cheng Ping and impose a fine of 1 million yuan; to issue a warning to Xu Zhengbo and impose a fine of 800,000 yuan; to issue a warning to Jiang Lijiang and impose a fine of 500,000 yuan

