Rayitek Hi-Tech Film Company Ltd.SSE: 688323

(688323)"Rayitek Hi-Tech Film Company Ltd., Shenzhen"Announcement on Receipt of the Order for Rectification and Warning Letters to Relevant Responsible Persons Issued by the CSRC Shenzhen Office

· Issued by Rayitek Hi-Tech Film Company Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688323 · · 2 pages · Chinese

Summary by 6ix AI

Rayitek Hi-Tech Film Company Ltd. has announced that it received a rectification order and warning letters from the Shenzhen Securities Regulatory Bureau regarding compliance issues. The announcement details the company's failure to properly disclose related party transactions and inadequate impairment assessments of fixed assets and construction projects. The company and responsible individuals are required to implement corrective measures and submit a report within a specified timeframe. The company emphasizes its commitment to improving compliance and internal controls to prevent future issues and protect investor interests.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/688323rayitek-hi-tech-film-company-ltd-shenzhenannouncement-on-receipt-of-the-order-for-rectification-and-warning-letters-to-relevant-responsible-persons-issued-by-the-csrc-shenzhen-office

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Announcement on Receipt of the Order for Rectification and Warning Letters to Relevant Responsible Persons Issued by the CSRC Shenzhen Office

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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