Iceberg Cold and Hot: Due to inadequate disclosure of related transactions, the Dalian Securities Regulatory Bureau ordered the company to make corrections and issued a warning letter to the relevant responsible persons.
On March 2, 2026, Iceberg Hot and Cold announced that the company and relevant personnel received the "Decision on Supervisory Conversation Measures for Ding Jie" and the "Decision on Supervisory Correction Measures for Iceberg Hot and Cold Technology Co., Ltd., Ji Zhijian, and Song Wenbao" issued by the Dalian Regulatory Bureau of the China Securities Regulatory Commission on March 2, 2026.
After investigation, the company has issues such as inadequate disclosure of related parties and related party transactions, lack of independence in corporate governance, non-standard recognition of revenue from some complete sets of equipment engineering projects, and failure to strictly fulfill the obligation of integrity file inquiries. Chairman Ji Zhijian and secretary of the board Song Wenbao bear primary responsibility for the above actions.
The Dalian Securities Regulatory Bureau has decided to take administrative regulatory measures to order the company and related responsible persons to correct their actions, and to record them in the integrity file of the securities and futures market. Ding Jie, due to inaccurately reporting his part-time situation leading to the company's failure to disclose related transactions in a timely manner, has been subject to supervisory conversation measures and recorded in the integrity file.
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