Controversies

Comix Group ordered to rectify by Shenzhen regulator over lax fund controls and commingling with controlling shareholder

A Shenzhen Securities Regulatory Bureau administrative regulatory measure decision shows that Shenzhen Comix Group Co., Ltd. had lax fund controls, commingled personnel and office space with its controlling shareholder, inaccurate cash flow presentation, and imprudent goodwill impairment provisions in 2022–2024, affecting the accuracy of information disclosure. The Shenzhen Securities Regulatory Bureau ordered the company to rectify and issued warning letters to chairman Chen Qinpeng, director Dai Shengjie and financial director Huang Jiabing. The company has submitted a rectification report. Previously, the Shenzhen Securities Regulatory Bureau had also issued warning letters to Comix Group, Chen Qinpeng and Huang Jiabing. Progress: regulatory measure. Entity involved: Shenzhen Comix Group Co., Ltd.; Chen Qinpeng (chairman). Scope: Comix Group's financial and fund management.