ST Pary, along with its then-chairman Liu Qiang, general manager Bai Jie, and then-chief financial officer Guo Wei, has been issued a warning letter by the Shaanxi Securities Regulatory Bureau. When using idle raised funds for cash management, the company directly transferred the funds from the special account to multiple general accounts to purchase wealth management products, and directly transferred the matured principal to other general accounts for further purchases, without disclosing the above violations in the relevant annual reports and special reports on raised funds.
Xian Peri Power Semiconductor CondCompany received warning letter for undisclosed use of raised funds, violating disclosure rules.