YES OPTOELECTRONICS and related personnel received a warning letter from the Liaoning Securities Regulatory Bureau
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YES OPTOELECTRONICS recently received a warning letter from the Liaoning Securities Regulatory Bureau due to inaccurate financial information in its 2024 annual report. The issues include: premature recognition of some export business revenue, failure to conduct inventory impairment testing, non-standard cost accounting, improper reporting of inventory goods, and errors in the calculation of total annual purchases. These problems have led to insufficient inventory impairment provisions and other inaccurate financial data
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