Due to excessive accrual of credit impairment losses of 3.5822 million yuan, etc., *ST Tianwei received an administrative regulatory measures decision from the Sichuan Securities Regulatory Bureau

2026-03-19 00:03:49

On March 17, ST Tianwei (688511.SH) announced that on March 17, 2026, the company received a warning letter from the Sichuan Securities Regulatory Bureau. Upon investigation, the company was found to have over-provisioned credit impairment losses of 3.5822 million yuan, which does not comply with relevant regulations; at the same time, it failed to disclose the purchase of deposit products under fundraising agreements in the “Special Report on the Deposit and Actual Use of Raised Funds” for the first half of 2024, the full year of 2024, and the first half of 2025. The company has actively rectified the issues and proposed corrective measures in the relevant reports.

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