Gate News message, April 22 — Jingyan Technology Co., Ltd. (精研科技) announced it received warning letters from the Jiangsu Securities Regulatory Bureau regarding disclosure violations affecting the company, executives, and its subsidiary Antexin Technology Co., Ltd. The regulator identified three main violations: inaccurate disclosure in the company’s 2023 annual report; inadequate due diligence when acquiring 60% of Antexin in February 2021, resulting in inaccurate financial data and incomplete related-party transactions in Antexin’s audit report and the company’s 2021 annual report; and incomplete and inaccurate related-party transaction disclosures with Changzhou Weiyi Smart Manufacturing Co., Ltd. in the 2021 and 2022 annual reports.
The Jiangsu Securities Regulatory Bureau imposed administrative warning measures against Jingyan Technology, executives Wang Mingxi, Huang Yichao, Yang Jian, and Xu Mingqiang. The warning letters will be recorded in the securities and futures market integrity database.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Quantinuum Secretly Files for U.S. IPO, Honeywell-Backed Quantum Computing Firm Seeks Public Markets
Quantinuum reportedly filed for a U.S. IPO without disclosing financial terms; valued at about $10 billion last September, the quantum startup joins a growing wave of companies seeking public funding.
Abstract: Quantinuum, Honeywell's quantum computing subsidiary, reportedly filed for a U.S. IPO without disclosing financial terms; valued at roughly $10 billion in September, it is part of a growing trend of quantum startups pursuing public listings.
GateNews15m ago
TradFi Rise Alert: FCEL (FuelCell Energy Inc) Rises Over 16%
Gate News: According to the latest Gate TradFi data, FCEL (FuelCell Energy Inc) has surged by 16% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews18m ago
Wall Street Lobbies SEC to Lift Ban on Private Asset Cross-Trading
Industry groups urge SEC to ease cross-trading rules for funds within the same company to boost private asset access in retirement accounts, as firms eye 401(k) markets.
GateNews1h ago
TradFi Rise Alert: FCEL (FuelCell Energy Inc) Rises Over 12%
Gate News: According to the latest Gate TradFi data, FCEL (FuelCell Energy Inc) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews1h ago
Bitcoin and Ethereum Spot ETFs Record Consecutive Net Inflows; BTC ETFs Reach $99.08B in Assets
Abstract: Bitcoin and Ethereum spot ETFs posted net inflows on Apr 21, extending multi-day streaks. BTC inflows were led by BlackRock’s IBIT and Grayscale, with GBTC outflows; ETH inflows were led by ETHA, with ETHE outflows.
Summary: Bitcoin and Ethereum spot ETFs posted Apr 21 inflows, extending gains; BTC led by IBIT and Grayscale with GBTC outflows, NAV $99.08B (6.54%). ETH inflows topped by ETHA, ETHE outflows; NAV $13.66B, inflows $12.05B.
GateNews1h ago
