Nanjing Huamai Technology and related responsible persons received a warning letter from Jiangsu Securities Regulatory Bureau
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Nanjing Huamai Technology recently received a warning letter from the Jiangsu Securities Regulatory Bureau for failing to timely review related party transactions for the year 2025 and related years, with some transaction amounts exceeding the review limit. In addition, the company's guarantee amount for its controlling subsidiary exceeded the review limit, and it did not disclose significant guarantee progress. The company was not prudent in decision-making regarding fundraising projects, and the risk disclosure regarding the use of raised funds was insufficient, with some instances of non-compliant usage
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