Huatron Intelligent (SZSE: 300111) announced on the evening of June 1, 2026, that it and related parties had received an Administrative Penalty Decision from the Shanghai Securities Regulatory Bureau. Approximately two years after the investigation was launched in September 2024, the case has now been concluded.

Mr. Liu Peng, a lawyer from Shanghai Huzi Law Firm, stated that regulators are continuously intensifying their scrutiny of violations in information disclosure. Investors should pay close attention to the authenticity and accuracy of key disclosures, such as listed companies' financial data.

An investigation revealed that in 2019, Huatron Intelligent acquired a subsidiary, Beijing Juli Technology Co., Ltd.. During the sale of ETC products, this subsidiary incorrectly classified third-party intermediary and agency service fees, which should have been recorded as sales expenses, into research and development costs. It also failed to accrue these expenses accurately based on the accrual accounting principle, resulting in false records in Huatron Intelligent's consolidated financial statements.

Specifically, in 2020, the company overstated its total profit by 25.3154 million yuan, accounting for 18.76% of the total profit for the period. In 2021, it understated its total profit by 35.7037 million yuan, representing 16.90% of the total profit for that year.

Based on these violations, the Shanghai Securities Regulatory Bureau decided to issue a warning to Huatron Intelligent and impose a fine of 1.5 million yuan. It also issued warnings and imposed total fines of 2.5 million yuan on four responsible individuals.

With the official penalty decision, the false statement fact of Huatron Intelligent has been confirmed by the regulator. Investors who meet the following conditions are now eligible to participate in filing claims: those who purchased shares between April 26, 2021, and October 26, 2023, and either sold them after October 27, 2023, or are still holding them at a loss.

It is important to note that the statute of limitations for this case expires on October 26, 2026. Affected investors who meet the criteria should act promptly to protect their legal rights.