RONGJI SOFTWARE: Received the Administrative Supervision Measures Decision from the Fujian Securities Regulatory Bureau
RONGJI SOFTWARE announced that on January 9, 2025, it received a decision from the Fujian Securities Regulatory Bureau regarding the "Order for Fujian RONGJI Software Co., Ltd. to Correct Violations and Regulatory Talks with Lu Feng, Wan Xiaoxiong, and Zhen Qianjin." The decision stated that the contract amount signed by the company's subsidiary RONGJI Engineering with Tianhe Construction was changed from 151 million yuan to 99.6839 million yuan, and it failed to fulfill its obligation to disclose information in a timely manner, violating relevant regulations. At the same time, RONGJI Engineering delayed the transfer of the R&D building to fixed assets until August 31, 2022, resulting in underreported depreciation expenses for 2022, which violated the relevant provisions of the "Enterprise Accounting Standards." Therefore, the Fujian Securities Regulatory Bureau decided to impose administrative regulatory measures on the company to order corrections, and to conduct regulatory talks with Lu Feng, Wan Xiaoxiong, and Zhen Qianjin, which will be recorded in the integrity database of the securities and futures market
