Junzheng Shares Half-Year Report Riddled with Basic Errors: "Lower of Cost or NRV" Misspelled, "VAT" Written Incorrectly

Deep News
Sep 30

Recently, a number of listed companies have drawn market attention after basic typographical errors appeared in their public announcements. A verification by Sina Finance's Sesame AI found that Ingenic Semiconductor Co.,Ltd. (ASX: 300223), a company with a market value in the tens of billions, had multiple textual omissions in its 2026 half-year report, with missing characters, extra characters, and typographical errors appearing throughout the document.

Missing and extra characters: On page 20 of the report, in the section on year-on-year changes in key financial data, the phrase "mainly due to the provision for inventory price decline and impairment provision for development expenditures" appeared, with the character "goods" missing; the correct wording should be "provision for inventory price decline." On page 96 of the report, "Notice of the Ministry of Finance and the State Taxation Administration on the Policy on Software Product Value-Added Tax" was written with "tax" mistakenly rendered as "speak"; the correct wording should be "value-added tax policy."

Typographical errors: On page 34 of the report, "although costs increased accordingly, the returns were due to the company's comprehensive operating capability" contains a typographical error, and the correct wording should be "benefited from the company's comprehensive operating capability." On page 86 of the report, "inventory is measured at the lower of cost and net realizable value" was written with an incorrect character for "lower"; the correct wording should be "inventory is measured at the lower of cost and net realizable value." On page 92 of the report, "the Group has received consideration receivable from customers" is grammatically incoherent, and the correct wording should be "the Group has received or is entitled to receive consideration from customers."

Incorrect expression: On page 103 of the report, "as a proportion of the total year-end balance of prepayments" was used; when a half-year report discloses the proportion of prepayments, the corresponding point in time is the period end (the end of June), so the annual report wording "year-end" was mistakenly used here. Disclaimer: This article was generated by an AI large model. Markets carry risks, and investment requires caution.

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