--- title: "New East: Received an order for rectification decision, announced the situation of accounting and internal control rectification" type: "News" locale: "en" url: "https://longbridge.com/en/news/262196899.md" description: "New East announced that the company received a correction order from the Anhui Securities Regulatory Bureau and held a board meeting on October 22 to review the rectification report. In response to accounting and internal control issues, the company will reassess the ERP system permissions, supplement original vouchers, adjust the organizational structure, improve management systems, and regularly conduct internal control inspections and training to enhance the company's standardized operation level. The rectification measures will be ongoing" datetime: "2025-10-22T09:02:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/262196899.md) - [en](https://longbridge.com/en/news/262196899.md) - [zh-HK](https://longbridge.com/zh-HK/news/262196899.md) --- # New East: Received an order for rectification decision, announced the situation of accounting and internal control rectification New East announced that on September 23, 2025, the company received a corrective order from the Anhui Securities Regulatory Bureau, and on October 22, the board of directors convened to review and approve the rectification report. In response to the irregularities in accounting fundamentals, the company will reassess the role and permissions of the ERP system, supplement original vouchers, and conduct regular checks on accounting vouchers. To address the inadequacies in internal controls, the company will adjust its organizational structure, improve subsidiary management systems, refine the compensation system, supplement procurement regulations, streamline the expense reimbursement system, and regularly conduct internal control checks and training. The rectification will be a long-term process to enhance the company's standardized operational level ### Related Stocks - [603110.CN](https://longbridge.com/en/quote/603110.CN.md) ## Related News & Research - [07:03 ETHaier sa ôsmy rok po sebe umiestňuje v rebríčku Kantar BrandZ Top 100 ako jediná značka ekosystému IoT na svete](https://longbridge.com/en/news/286900700.md) - [Flow Pharma U.S. Patent Application Allowed for Issuance Covering Broad-Spectrum Ebola Therapy](https://longbridge.com/en/news/287076761.md) - [11:16 ETHaier ist die einzige IoT-Ökosystemmarke der Welt, die acht Jahre in Folge in die Kantar BrandZ Top 100 aufgenommen wurde](https://longbridge.com/en/news/286792596.md) - [03:40 ETHaier Named the World's Only IoT Ecosystem Brand in Kantar BrandZ Top 100 for Eight Consecutive Years](https://longbridge.com/en/news/286732510.md) - [CMOC Group (CMCLF): New Buy Recommendation for This Basic Materials Giant](https://longbridge.com/en/news/286625840.md)