Group 1 - The core point of the article is that Tonghui Information (stock code: 430090) experienced significant trading activity on September 17, 2025, with a turnover rate of 23.71% and a trading volume of 32.0867 million shares, amounting to a total transaction value of 304 million yuan [1][2][3] Group 2 - The top buying seat was from China Galaxy Securities Co., Ltd., with a purchase amount of approximately 9.69 million yuan [1][2] - The top selling seat was from Eastmoney Securities Co., Ltd., with a selling amount of approximately 9.15 million yuan [1][2] - The trading activity indicates a high level of interest in Tonghui Information, as evidenced by the substantial turnover and trading volume [1][2]

Core Viewpoint - Tonghui Information has been found guilty of financial fraud from 2018 to 2021, leading to administrative penalties proposed by the Beijing Securities Regulatory Bureau, including fines totaling 9 million yuan for the company and significant fines for six responsible individuals [1][5][6]. Financial Misconduct - The company inflated revenue and profits through fictitious business contracts and timing adjustments in revenue recognition, resulting in false disclosures in annual reports and public offering documents [4][5]. - Specific inflated figures include: - 2018: Revenue inflated by 20.17 million yuan, profit inflated by 10.46 million yuan - 2019: Revenue inflated by 9.62 million yuan, profit inflated by 8.15 million yuan - 2020: Revenue inflated by 14.98 million yuan, profit inflated by 7.37 million yuan - 2021: Revenue inflated by 18.07 million yuan, profit inflated by 5.88 million yuan [4][5]. Penalties and Accountability - Proposed penalties include: - Company: 9 million yuan fine and a directive to correct its practices - Actual controller Dai Fuhao: 11.5 million yuan fine and a 10-year market ban - Former Deputy General Manager Cui Zhenying: 7 million yuan fine and a 7-year market ban - Other executives also face fines for their roles in the misconduct [5][6]. Current Financial Performance - For the first half of 2025, the company reported: - Revenue of 37.20 million yuan, a decrease of 78.66% year-on-year - Net loss attributable to shareholders of 14.39 million yuan, an increase in loss of 50.84% year-on-year [7][8]. - The decline in revenue is attributed to the absence of a significant contract recognized in the previous year and the termination of a loss-making product line [9][10]. Strategic Outlook - Despite the penalties, the company asserts that it does not meet the criteria for mandatory delisting and plans to strengthen internal controls and compliance [6][11]. - The company aims to focus on digital solutions in various sectors, including education and finance, and reported a 15.42% increase in revenue from its digital system solutions in the first half of 2025 [11].

Core Viewpoint - The company Tonghui Information has been penalized for financial fraud, including inflating revenue and profits through fictitious contracts and improper revenue recognition from 2018 to 2021, leading to a total fine of 35.5 million yuan for the company and five executives [1][5]. Financial Misconduct - From 2018 to 2021, Tonghui Information inflated its revenue by 62.83 million yuan and profits by 31.87 million yuan through various fraudulent practices [3][4]. - The inflated annual revenues and profits for each year were as follows: 2018 (20.17 million yuan revenue, 10.46 million yuan profit), 2019 (9.62 million yuan revenue, 8.15 million yuan profit), 2020 (14.98 million yuan revenue, 7.37 million yuan profit), and 2021 (18.07 million yuan revenue, 5.88 million yuan profit) [3]. Regulatory Actions - The Beijing Securities Regulatory Bureau has proposed a fine of 9 million yuan for Tonghui Information and 35.5 million yuan in total for the five executives involved, including a 1.15 million yuan fine for the actual controller Dai Fuhao, who is also banned from the market for ten years [1][4]. - The company has a history of regulatory issues, having received multiple penalties for information disclosure violations prior to this incident [9]. Financial Performance Post-Listing - After transitioning to the Beijing Stock Exchange in 2021, Tonghui Information has reported poor financial performance, with net losses of 26 million yuan and 26.5 million yuan from 2022 to the first half of 2025 [1][8]. - As of June 2025, the company's total assets were 193 million yuan, with a debt ratio of 52.88%, and cash reserves of only 19.1 million yuan, making the recent fine of 9 million yuan represent over 47% of its cash [2][8]. Company Background - Tonghui Information, established in 2008 and listed on the New Third Board in 2011, focuses on providing intelligent, high-value solutions integrating digital display, virtual reality, acoustics, and artificial intelligence technologies [6].

Core Viewpoint - Tonghui Information has been penalized for financial fraud, including inflating revenue and profits through fictitious contracts and improper revenue recognition from 2018 to 2021, leading to a total fine of 35.5 million yuan for the company and five executives [1][5][4]. Financial Misconduct - From 2018 to 2021, Tonghui Information inflated its revenue by a total of 62.83 million yuan and profits by 31.86 million yuan through various fraudulent practices [3][4]. - The inflated annual revenues and profits for each year were as follows: 2018 (20.17 million yuan revenue, 10.46 million yuan profit), 2019 (9.62 million yuan revenue, 8.15 million yuan profit), 2020 (14.98 million yuan revenue, 7.37 million yuan profit), and 2021 (18.07 million yuan revenue, 5.88 million yuan profit) [3][4]. Penalties Imposed - The Beijing Securities Regulatory Bureau has proposed a fine of 9 million yuan for Tonghui Information and 35.5 million yuan in total for the five executives involved, including a 1.15 million yuan fine for the actual controller Dai Fuhao, who is also banned from the market for ten years [1][4][5]. - Other executives received fines ranging from 250,000 to 700,000 yuan, with varying durations of market bans [4][5]. Company Performance - After transitioning to the Beijing Stock Exchange in 2021, Tonghui Information has reported poor financial performance, with cumulative net losses of 260 million yuan and 265 million yuan from 2022 to mid-2025 [1][8]. - The company's total assets as of June 2025 were 193 million yuan, with a debt ratio of 52.88% and cash reserves of only 19.1 million yuan, making the 9 million yuan fine represent over 47% of its cash [2][8]. Previous Violations - Prior to this significant penalty, Tonghui Information had faced multiple fines for disclosure issues, including a warning in February 2023 for misappropriating company funds and subsequent disciplinary actions for financial misreporting [9].

Core Viewpoint - The company Tonghui Information has been found to have committed financial fraud for four consecutive years, inflating revenue by over 60 million yuan, yet it does not constitute fraudulent issuance, allowing it to temporarily avoid delisting [1][3][5]. Group 1: Financial Fraud Details - From 2018 to 2021, Tonghui Information and its subsidiaries inflated revenue and profits through fictitious contracts and premature or delayed revenue recognition [1][2]. - The inflated revenue and profit figures for each year are as follows: - 2018: Revenue inflated by 20.73 million yuan, profit inflated by 10.46 million yuan - 2019: Revenue inflated by 9.62 million yuan, profit inflated by 8.15 million yuan - 2020: Revenue inflated by 14.98 million yuan, profit inflated by 7.37 million yuan - 2021: Revenue inflated by 18.07 million yuan, profit inflated by 5.88 million yuan [2]. Group 2: Regulatory Actions - The Beijing Securities Regulatory Bureau has proposed a total fine of 35.5 million yuan against the company and its executives due to the financial fraud [1][8]. - Specific penalties include: - The company fined 9 million yuan - The actual controller and former chairman fined 11.5 million yuan - The former vice president fined 7 million yuan - The former financial director fined 3 million yuan [8]. Group 3: Company Background and Listing Process - Tonghui Information was established in 2008 and listed on the New Third Board in 2011, later moving to the selected layer before transitioning to the Beijing Stock Exchange [6][7]. - The company aimed to raise 100 million yuan for digital visual research and development and working capital during its public offering [6]. Group 4: Current Financial Status - Since its listing on the Beijing Stock Exchange, the company has faced continuous operational pressure, reporting net losses of 44.52 million yuan in 2022, 128.13 million yuan in 2023, and 71.94 million yuan in 2024 [10]. - In the first half of 2025, the company experienced a significant revenue decline of 78.66% and a net loss of 14.39 million yuan, primarily due to the termination of its film distribution business [10].

Core Viewpoint - Tonghui Information has been penalized by the Beijing Securities Regulatory Commission for violations related to information disclosure, involving multiple executives and resulting in significant financial penalties and market bans for key individuals [1][4]. Group 1: Violations and Penalties - From 2018 to 2021, Tonghui Information and its subsidiaries inflated revenue and profits through fictitious contracts and improper revenue recognition, leading to false disclosures in annual reports [2][3]. - The inflated revenues for the years 2018, 2019, 2020, and 2021 were 20.173 million, 9.617 million, 14.976 million, and 18.0653 million respectively, with corresponding profit inflation of 10.4643 million, 8.1486 million, 7.3748 million, and 5.8782 million [2][3]. - The Beijing Securities Regulatory Commission plans to impose a fine of 9 million on Tonghui Information, with individual fines for executives ranging from 250,000 to 11.5 million [3]. Group 2: Market Bans and Corporate Changes - Key executives, including the actual controllers, face market bans of 10 years for Dai Fuhao and 7 years for Cui Zhenying due to their roles in the violations [4]. - Prior to the regulatory actions, Dai Fuhao and Cui Zhenying divorced, altering the control structure of the company [4][5]. Group 3: Financial Performance - In the first half of 2025, Tonghui Information reported revenues of 37.201 million, a decline of 78.66% year-on-year, and a net loss of 14.386 million, down 50.84% year-on-year [6]. - The revenue decline is attributed to the termination of a loss-making business and the absence of significant contract income that was present in the previous year [7]. - The company has experienced continuous net losses over the past three years, with losses of 46.5 million, 128 million, and 71.94 million from 2022 to 2024 [6][7].

Core Viewpoint - Tonghui Information (430090.BJ) has received an administrative penalty notice from the Beijing Securities Regulatory Commission for violations related to information disclosure, involving multiple executives and board members [2][4][5]. Group 1: Violations and Penalties - From 2018 to 2021, Tonghui Information and its subsidiaries inflated revenue and profits through fictitious business contracts and improper revenue recognition, leading to false disclosures in annual reports for those years [4][5]. - The inflated revenues were reported as follows: 2018: 20.17 million yuan, 2019: 9.62 million yuan, 2020: 14.98 million yuan, and 2021: 18.07 million yuan. The inflated profits were: 10.46 million yuan, 8.15 million yuan, 7.37 million yuan, and 5.88 million yuan respectively [4][5]. - The Beijing Securities Regulatory Commission plans to impose a fine of 9 million yuan on Tonghui Information and fines on individual executives, including 11.5 million yuan on former chairman Dai Fuhao and 7 million yuan on former vice president Cui Zhenying [5][6]. Group 2: Management and Control - Dai Fuhao and Cui Zhenying, as actual controllers, organized and directed the illegal information disclosure activities, which are considered serious violations [5][7]. - Dai Fuhao is subject to a 10-year market ban, while Cui Zhenying faces a 7-year ban due to their significant roles in the violations [7][8]. Group 3: Financial Performance - In the first half of 2025, Tonghui Information reported revenues of 37.2 million yuan, a decline of 78.66% year-on-year, and a net loss of 14.39 million yuan, down 50.84% year-on-year [11]. - The revenue decline is attributed to the termination of a loss-making business and the absence of large contract income that was present in the previous year [11]. - The company has experienced continuous net losses over the past three years, with losses of 46.5 million yuan in 2022, 128 million yuan in 2023, and 71.94 million yuan in 2024 [11]. Group 4: Market Position - As of September 5, 2025, Tonghui Information's stock price increased by 2.35% to 9.16 yuan per share, with a market capitalization of 1.826 billion yuan [12].

Core Viewpoint - Tonghui Information has been penalized by the Beijing Securities Regulatory Commission for illegal information disclosure, involving multiple executives and resulting in significant financial penalties and market bans for key individuals [2][4][5]. Group 1: Regulatory Actions - The Beijing Securities Regulatory Commission issued a notice of administrative punishment to Tonghui Information and its executives for violations from 2018 to 2021, including fabricating business contracts and manipulating revenue recognition [4][5]. - The company reported inflated revenues of 20.17 million yuan, 9.62 million yuan, 14.98 million yuan, and 18.07 million yuan for the years 2018, 2019, 2020, and 2021 respectively, along with inflated profits of 10.46 million yuan, 8.15 million yuan, 7.37 million yuan, and 5.88 million yuan for the same years [4][5]. Group 2: Financial Penalties - The penalties proposed by the Beijing Securities Regulatory Commission include a fine of 9 million yuan for Tonghui Information, 11.5 million yuan for Chairman Dai Fuhao, 7 million yuan for Vice President Cui Zhenying, and various fines for other executives [5][6]. - Dai Fuhao and Cui Zhenying face market bans of 10 years and 7 years respectively due to their significant roles in the violations [8]. Group 3: Financial Performance - In the first half of 2025, Tonghui Information reported revenues of 37.2 million yuan, a decline of 78.66% year-on-year, and a net loss of 14.39 million yuan, down 50.84% year-on-year [10]. - The company has experienced continuous net losses over the past three years, with losses of 46.5 million yuan, 128 million yuan, and 71.94 million yuan from 2022 to 2024 [10]. Group 4: Company Background - Established in 2008, Tonghui Information focuses on developing and promoting digital solutions in sectors such as education, healthcare talent training, port automation, and finance [10]. - The company transitioned from the National Equities Exchange and Quotations to the Beijing Stock Exchange in November 2021, becoming one of the first companies listed on the new exchange [10].

Core Viewpoint - Tonghui Information (Beijing) Technology Co., Ltd. has received an administrative penalty notice from the Beijing Regulatory Bureau of the China Securities Regulatory Commission for violations of information disclosure, including inflated revenue and profits from 2018 to 2021 [3] Company Overview - Tonghui Information was established on July 31, 2008, with a registered capital of 199.33 million RMB, and is headquartered in Haidian District, Beijing [3] - The company provides intelligent scene solution services and products to various industries, including education, finance, ports, and cinemas [3] Management and Structure - The current chairman is Wang Yifang, and the company has 86 employees [4] - The actual controller is Dai Fuhao, and the company has eight subsidiaries [4] Financial Performance - Projected revenues for 2024 and Q2 2025 are 207 million RMB, 20.139 million RMB, and 3.720 million RMB, with year-on-year growth rates of 8.42%, -87.12%, and -78.66% respectively [4] - The net profit attributable to the parent company for the same periods is -71.9441 million RMB, -5.9745 million RMB, and -14.3861 million RMB, with year-on-year growth rates of 43.85%, -2776.13%, and -50.84% respectively [4] - The asset-liability ratios for the periods are 44.13%, 46.88%, and 52.88% [4] Risk Factors - The company has a total of 94 risk entries in Tianyancha, with 58 surrounding risks, 34 historical risks, and 74 warning risks [4]

同辉佳视（北京）信息技术股份有限公司 关于公司及相关当事人收到中国证券监督管理委员会 北京监管局行政处罚事先告知书的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、基本情况 证券代码：430090 证券简称：同辉信息 公告编号：2025-098 相关文书的全称：中国证券监督管理委员会北京监管局行政处罚事先告 知书〔2025〕12 号 （涉嫌）违法违规主体及任职情况： | 姓名/名称 | 类别 | 具体任职/关联关系 | | --- | --- | --- | | 同辉佳视（北京）信 | 上市公司 | / | | 息技术股份有限公司 | | | | 戴福昊 | 控股股东、实际控制人 | 时任董事长、总经理 | | 崔振英 | 董监高 | 时任副总经理 | | 姬海燕 | 董监高 | 时任财务总监 | | 赵庚飞 | 董监高 | 时任董事、时任子公 司科影视讯（现更名 | | | | 为同辉数文）经理 | | 李刚 | 董监高 | 董事会秘书、时任董 | | | | 事、时任副总经理 | 涉嫌违法 ...