Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative penalty against *ST Yuancheng for falsifying financial data over three consecutive years, leading to significant fines and potential delisting from the Shanghai Stock Exchange [2][3]. Summary by Sections Administrative Penalties - *ST Yuancheng is facing a fine of 37.45 million yuan for its financial misconduct, with an additional total of 42 million yuan in fines for five responsible individuals [2][3]. - The actual controller, Zhu Changren, is subject to a 10-year ban from the securities market due to the severity of the violations [3]. Financial Misconduct Details - From 2020 to 2022, *ST Yuancheng inflated its operating costs by 158 million yuan, revenue by 209 million yuan, and total profit by 50.46 million yuan under the direction of Zhu Changren [2]. - The company failed to adjust its financial records based on settlement approvals for various infrastructure projects, resulting in an inflated revenue of 14.16 million yuan and profit of 13.45 million yuan in the 2022 annual report, which represented 4.33% and 24.60% of the disclosed amounts, respectively [2]. Stock Issuance and Misrepresentation - In 2022, *ST Yuancheng's non-public stock issuance documents included fabricated financial data related to the Yu Longshan project, which was not accurate or truthful [2]. - The company raised 285 million yuan through a non-public stock issuance, which was based on the inflated financial figures from the Yu Longshan project [2].

Group 1 - The core issue involves *ST Yuancheng's alleged false reporting of financial data, including inflated revenue and profits for three consecutive years, violating securities laws and regulations [1] - The China Securities Regulatory Commission (CSRC) plans to impose a fine of 37.45 million yuan on the company and an aggregate fine of 42 million yuan on five responsible individuals [2] - The actual controller of *ST Yuancheng faces a 10-year ban from the securities market due to the violations [2] Group 2 - *ST Yuancheng is suspected of triggering significant violations that may lead to mandatory delisting, prompting the Shanghai Stock Exchange to initiate delisting procedures [2] - The CSRC will transfer any potential criminal evidence to the public security authorities in accordance with relevant legal standards [2]

每经AI快讯，10月10日，*ST元成（603388）(603388.SH)公告称，公司收到中国证券监督管理委员会浙 江监管局下发的《行政处罚事先告知书》。公司2020年至2022年年报存在虚假记载，非公开发行股票文 件编造重大虚假内容，将触及重大违法强制退市情形，可能被实施重大违法强制退市。 ...

经查，*ST元成连续三年虚增收入和利润，违反证券法律法规。证监会拟对上市公司罚款3745.46万元人 民币，对5名责任人员合计罚款4200万元人民币，对实际控制人采取10年证券市场禁入。*ST元成涉嫌 触及重大违法强制退市情形，上交所将依法启动退市程序。对于可能涉及的犯罪线索，证监会将坚持应 移尽移的工作原则，严格按照《刑法》《最高人民检察院公安部关于公安机关管辖的刑事案件立案追诉 标准的规定(二)》的规定移送公安机关。(完) 中新网北京10月10日电 (记者 陈康亮)中国证监会10日发布消息称，近日，证监会对上交所主板上市公 司元成环境股份有限公司(简称*ST元成)涉嫌定期报告等财务数据存在虚假记载作出行政处罚事先告 知。 ...

Core Points - The China Securities Regulatory Commission (CSRC) has issued an administrative penalty notice to *ST Yuancheng for suspected false financial reporting, including inflated revenue and profits over three consecutive years [1][2] - The total fines proposed include 37.45 million yuan for the company and 42 million yuan for five responsible individuals, with the actual controller facing a 10-year market ban [1][2] Financial Misconduct - From 2020 to 2022, *ST Yuancheng, under the direction of actual controller Zhu Changren, inflated operating costs by 158 million yuan, revenue by 209 million yuan, and total profit by 50.46 million yuan [2] - In the 2022 annual report, the company falsely reported an inflated revenue of 14.16 million yuan and an inflated profit of 13.45 million yuan, which represented 4.33% and 24.60% of the disclosed amounts, respectively [2] Regulatory Actions - The CSRC has mandated *ST Yuancheng to correct its financial statements and has proposed a fine of 37.45 million yuan [2] - Individual penalties include 28 million yuan for Zhu Changren, 5 million yuan for Zhou Jinhai, 500,000 yuan each for Yao Lihua and Yu Jianfei, and 200,000 yuan for Chen Ping [2]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has initiated administrative penalties against *ST Yuancheng for falsifying financial data over three consecutive years, leading to significant fines and potential delisting procedures [2][3][4]. Summary by Sections Administrative Penalties - CSRC plans to impose a fine of 37.45 million yuan on *ST Yuancheng and a total of 42 million yuan on five responsible individuals [2][5]. - The actual controller, Zhu Changren, faces a 10-year ban from the securities market due to severe violations [5]. Financial Misconduct - From 2020 to 2022, *ST Yuancheng inflated its revenue and profits by 209 million yuan and 50.46 million yuan, respectively, through manipulation of project costs [4]. - In the 2022 annual report, the company overstated its revenue by 14.16 million yuan and profit by 13.45 million yuan, which constituted 4.33% and 24.60% of the reported figures, respectively [4]. Legal Actions and Future Implications - The Shanghai Stock Exchange will initiate delisting procedures for *ST Yuancheng due to serious violations [3]. - CSRC will transfer any criminal evidence to the public security authorities for further investigation [3].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative penalty against *ST Yuancheng (603388) for falsifying financial data over three consecutive years, leading to potential delisting from the Shanghai Stock Exchange [1][2] Group 1: Administrative Penalties - *ST Yuancheng is facing a fine of 37.45 million yuan for the company and a total of 42 million yuan for five responsible individuals [1] - The actual controller of *ST Yuancheng will be banned from the securities market for 10 years [1] - The CSRC will transfer any criminal evidence to the public security authorities for further investigation [1] Group 2: Company Background and Financials - *ST Yuancheng was established in 1999 and is headquartered in Hangzhou, Zhejiang [2] - For the first half of 2025, the company's revenue composition is as follows: 97.39% from engineering construction and greening maintenance, 2.04% from landscape design, 0.41% from information services and others, and 0.16% from other sources [2] - As of October 10, *ST Yuancheng's total market value is 537 million yuan [2]

Group 1 - The core issue involves the administrative penalty against *ST Yuancheng (元成环境股份有限公司) for falsifying financial data in its periodic reports, with the China Securities Regulatory Commission (CSRC) indicating violations of securities laws [1] - *ST Yuancheng has inflated its revenue and profits for three consecutive years, leading to a proposed fine of 37.45 million yuan for the company and a total of 42 million yuan for five responsible individuals [1] - The actual controller of *ST Yuancheng faces a 10-year ban from the securities market, and the Shanghai Stock Exchange will initiate delisting procedures due to significant violations [1] Group 2 - The CSRC will transfer any potential criminal evidence to the public security authorities in accordance with relevant legal standards [1]

证监会网站 近日，我会对上交所主板上市公司元成环境股份有限公司（简称*ST元成（维权））涉嫌定期报告等财务数据存在虚假记载作出行政处罚事先 告知。经查，*ST元成连续三年虚增收入和利润，违反证券法律法规。我会拟对上市公司罚款3745.46万元，对5名责任人员合计罚款4200万 元，对实际控制人采取10年证券市场禁入。*ST元成涉嫌触及重大违法强制退市情形，上交所将依法启动退市程序。对于可能涉及的犯罪线 索，我会将坚持应移尽移的工作原则，严格按照《刑法》《最高人民检察院 公安部关于公安机关管辖的刑事案件立案追诉标准的规定 （二）》的规定移送公安机关。 网站截图 ...

经查，*ST元成连续三年虚增收入和利润，违反证券法律法规。证监会拟对上市公司罚款3745.46万元， 对5名责任人员合计罚款4200万元，对实际控制人采取10年证券市场禁入。 *ST元成涉嫌触及重大违法强制退市情形，上交所将依法启动退市程序。对于可能涉及的犯罪线索，证 监会将坚持应移尽移的工作原则，严格按照《刑法》《最高人民检察院 公安部关于公安机关管辖的刑 事案件立案追诉标准的规定（二）》的规定移送公安机关。 据证监会网站，近日，证监会对上交所主板上市公司元成环境股份有限公司（简称*ST元成）涉嫌定期 报告等财务数据存在虚假记载作出行政处罚事先告知。 ...