Lanco Technology (300042.SZ) announced that the company recently received from the Shenzhen Securities Regulatory Bureau's “Shenzhen Securities Regulatory Bureau on...
Zhitong Finance App News, Lanco Technology (300042.SZ) announced that the company recently received the “Decision of the Shenzhen Securities Regulatory Bureau on Ordering Corrective Measures against Shenzhen Langke Technology Co., Ltd.” and the “Decision of the Shenzhen Securities Regulatory Bureau on Issuing Warning Letter Measures against Zhou Fuchi and Others” issued by the Shenzhen Securities Regulatory Bureau. The Shenzhen Securities Regulatory Bureau pointed out that the company has many problems, including:
Corporate governance is not standardized, mainly due to: irregular operation of the board of directors, incomplete registration of related parties; inadequate internal control, mainly: inadequate internal control of major contracts, inadequate internal control of inventory management; and unregulated financial accounting, mainly unregulated accounting of trade business income and inaccurate accounting of prepaid accounts.
