
Yunding Tech received a warning letter from the Shandong Securities Regulatory Bureau

According to the Zhitong Finance APP, Yunding Tech announced that the company recently received a decision from the Shandong Regulatory Bureau of the China Securities Regulatory Commission regarding the issuance of a warning letter to Yunding Tech Co., Ltd. and related responsible personnel. The warning letter pointed out that some trading activities of Shandong Taide New Energy Co., Ltd. ("Shandong Taide") within the scope of the company's consolidated financial statements for 2015 did not meet the revenue recognition criteria, resulting in inaccurate information disclosure in the company's 2015 annual report
According to the news from Zhitong Finance APP, Yunding Tech (000409.SZ) announced that the company recently received a warning letter from the Shandong Regulatory Bureau of the China Securities Regulatory Commission regarding the decision to issue a warning letter to Yunding Tech Co., Ltd. and related responsible personnel.
The warning letter pointed out that some trade activities of Shandong Taide New Energy Co., Ltd. ("Shandong Taide") within the scope of the company's consolidated financial statements for 2015 did not meet the revenue recognition criteria, resulting in inaccurate information disclosure in the company's 2015 annual report

