---
title: "Songcheng Performance received a warning letter from the Zhejiang Securities Regulatory Bureau"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245055376.md"
description: "Songcheng Performance recently received a warning letter from the Zhejiang Securities Regulatory Bureau for reducing the total profit and net profit of 2022 by RMB 57.404 million in the announcement disclosed on April 26, 2024, violating the information disclosure management measures. The company's chairman and senior executives bear primary responsibility for this action. The Zhejiang Securities Regulatory Bureau has decided to take warning letter measures against the company and relevant personnel, and it will be recorded in the integrity file"
datetime: "2025-06-18T09:13:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245055376.md)
  - [en](https://longbridge.com/en/news/245055376.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245055376.md)
---

# Songcheng Performance received a warning letter from the Zhejiang Securities Regulatory Bureau

According to the news from Zhitong Finance APP, Songcheng Performance (300144.SZ) announced that the company recently received a warning letter from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission ("Zhejiang CSRC"). The relevant situation is as follows:

Songcheng Performance Development Co., Ltd. disclosed an announcement on April 26, 2024, regarding the correction of prior accounting errors, which respectively reduced the total profit for 2022 and the net profit attributable to the parent company's owners (hereinafter referred to as net profit) by 57.404 million yuan and 57.404 million yuan, accounting for 414.75% and 594.37% of the total profit and net profit before correction, and the nature of profit and loss changed before and after the correction.

The company's above behavior violated Article 3 of the "Administrative Measures for Information Disclosure of Listed Companies" (CSRC Order No. 182). The company's chairman Zhang Xian, president Shang Lingxia, chief financial officer Chen Shengmin, and board secretary Zhao Xueying violated Articles 4 and 51 of the "Administrative Measures for Information Disclosure of Listed Companies" (CSRC Order No. 182) and should bear primary responsibility for the above actions. According to Article 52 of the "Administrative Measures for Information Disclosure of Listed Companies" (CSRC Order No. 182), the Zhejiang CSRC decided to take supervisory measures of issuing warning letters against the company, Zhang Xian, Shang Lingxia, Chen Shengmin, and Zhao Xueying, and record them in the integrity archives of the securities and futures market

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