2025年7月25日，江西沐邦高科股份有限公司（*ST沐邦（维权））因涉嫌年报等定期报告财务数据虚 假披露等违法行为，被中国证监会正式立案调查。这场涉及重大会计差错、募集资金违规使用、控股股 东及其他关联方非经营性资金占用等多项违规行为的案件，将这家曾以"玩具+光伏"双主业为卖点的跨 界企业推至风口浪尖。 财务造假：从"业绩暴雷"到"数据失真" 沐邦高科的财务乱象早有端倪。2025年3月1日和4月30日，公司连续两次发布《关于会计差错更正的公 告》，反映出公司此前披露的相关报告财务信息不准确。更令人震惊的是，公司2024年年度报告及内部 控制评价报告等6项公告文件竟存在多处错误，暴露出内部治理的严重缺陷。 监管重拳：实控人或面临刑事追责 证监会立案调查后，沐邦高科及其实控人廖志远、财务总监汤晓春等责任人已被江西证监局采取责令改 正措施。根据《证券法》，若财务造假坐实，公司可能面临最高1000万元罚款，实控人或被处以500万 元至1000万元罚款，并可能涉及市场禁入甚至刑事责任。 这场资本闹剧再次警示：跨界并购不是"灵丹妙药"，财务造假终将付出沉重代价。沐邦高科的未来，已 站在悬崖边缘。 注：本文结合AI生成， ...

Group 1 - ST Muban has been officially investigated by the China Securities Regulatory Commission (CSRC) for financial fraud, marking a significant regulatory action as four listed companies were simultaneously targeted [1][3] - The CSRC's investigation highlights multiple infractions by ST Muban, including false financial disclosures, accounting errors, and the misappropriation of over 400 million yuan in fundraising [3][4] - The company is facing severe financial distress, with a projected loss of 1.16 billion yuan in 2024 and a significant drop in stock price to 4.94 yuan, resulting in a market capitalization of just over 2 billion yuan [3][4] Group 2 - The recent regulatory actions signal a stricter approach to eliminating "zombie companies" from the market, emphasizing the need for stability and rigorous oversight [4][5] - The CSRC's chairman has stated that the policies will not protect underperforming stocks, indicating a clear stance on the necessity of delisting companies that fail to meet standards [4][5] - Investors are advised to be cautious of companies with deteriorating fundamentals and poor governance, as these are often the first to face regulatory scrutiny [6][7] Group 3 - A legal window for affected investors has opened, allowing for potential claims against ST Muban for those who held shares during specific periods [8][9] - Investors are encouraged to preserve transaction records and account proofs to prepare for collective litigation following the regulatory outcomes [9][10] - The regulatory actions are viewed as a necessary step for market purification, aiming to eliminate fraudulent practices and allocate resources to genuinely strong companies [10]

2021年5月19日，公司披露关于非公开发行股票发行结果暨股本变动的公告。大华会计师事务所(特殊普 通合伙)出具了《广东邦宝益智玩具股份有限公司发行人民币(A股)46,251,707股后实收股本验资报告》 (大华验字(2021)第000268号)，根据前述报告，截至2021年4月26日止，本次非公开发行人民币普通股 46,251,707股，每股面值人民币1.00元，发行价格为7.29元/股，实际募集资金总额为人民币 337,174,944.03元，减除相关发行费用(不含税)人民币14,194,577.08元，募集资金净额为322,980,366.95 元。 根据发行对象申购报价情况，本次非公开发行股票的数量为46,251,707股，发行募集资金总额为 337,174,944.03元，本次发行价格为7.29元/股。 中国经济网北京7月28日讯今日，*ST沐邦（603398）(603398.SH)开盘即跌停，截至发稿时报4.69元， 跌幅5.06%。 *ST沐邦于2025年7月25日收到中国证监会《立案告知书》(编号：证监立案字0252025003号)。因公司涉 嫌年报等定期报告财务数据虚假披露等违法行为，根据相 ...

Group 1 - The China Capital Market Society was established on July 26, 2025, in Shanghai, with Wu Qing elected as the first president [1] - The society has set up seven professional committees focusing on various aspects such as macro and industrial development, market stability, innovation, and investor protection [1] Group 2 - The 2025 World Artificial Intelligence Conference (WAIC) opened in Shanghai on July 26, attracting over 800 domestic and international companies and showcasing more than 3,000 smart technology exhibits [4] - Notably, over 150 humanoid robots were presented, marking the largest display of humanoid robots in China to date [4] - Major tech companies like Tencent, NetEase, and JD.com unveiled significant AI advancements, including Tencent's global launch of the open-source "Hunyuan 3D World Model" [4] Group 3 - The Henan Provincial Department of Industry and Information Technology announced a notification for recommending enterprises to enter the "Specialized, Refined, Characteristic, and Innovative" board, which will provide various support services [6] Group 4 - The U.S. and EU reached a new trade agreement, with the EU committing to increase investments in the U.S. by $600 billion and purchasing $750 billion worth of U.S. energy products [8] - The agreement maintains existing tariffs on steel and aluminum, with a focus on energy and automotive sectors [8] Group 5 - The U.S. Secretary of Commerce announced that the deadline for imposing additional tariffs on August 1 will not be extended, emphasizing the need for a favorable agreement with the EU [10] Group 6 - The State Council of China announced plans to gradually implement free preschool education, highlighting its importance for long-term development and the need for local governments to detail funding and support measures [12] Group 7 - The National Bureau of Statistics reported a 1.8% decline in profits for large-scale industrial enterprises in the first half of 2025, with state-owned enterprises seeing a 7.6% drop [16] - In contrast, foreign and Hong Kong-Macau investment enterprises experienced a 2.5% profit increase [16] Group 8 - The National Development and Reform Commission allocated 69 billion yuan for the third batch of special bonds to support the consumption of old goods [17] Group 9 - The Chinese government proposed the establishment of a World Artificial Intelligence Cooperation Organization to promote global governance and bridge the digital divide [19] Group 10 - The Ministry of Agriculture and Rural Affairs and nine other departments issued a plan to promote agricultural product consumption, encouraging collaboration between food companies and research institutions [20][21] Group 11 - The China Pesticide Industry Association launched a three-year action plan to improve market order and combat low-price competition in the pesticide industry [23] Group 12 - Shouchuang Securities announced plans to list on the Hong Kong Stock Exchange to enhance capital strength and international influence [25] - Linglong Tire submitted its H-share issuance application to the Hong Kong Stock Exchange [27] Group 13 - Shanghai Jinqiao Information Co., Ltd. plans to raise 633 million yuan through a private placement to fund AI research and upgrade core solutions [29] Group 14 - *ST Suwu faces potential delisting due to alleged information disclosure violations, with the company under investigation by the China Securities Regulatory Commission [31] - *ST Wanfang and Taiyuan Heavy Industry also received notices of investigation for similar violations [32][33] Group 15 - Zijin Mining's vice president plans to reduce holdings by up to 250,300 shares to fund the company's employee stock ownership plan [37] - ST Luton and Ruixin Technology announced plans for share reductions by specific shareholders [37] Group 16 - Rebekah reported a 15.31% increase in net profit for the first half of 2025, with total revenue reaching 598 million yuan [38] - Laopu Gold expects a net profit increase of 279% to 288% for the same period, with sales projected between 138 billion yuan and 143 billion yuan [39] - Tongzhou Electronics turned a profit with a 662% increase in net profit, achieving revenue of 540 million yuan [40]

同日收到监管函 【导读】*ST沐邦因涉嫌财务数据虚假披露等违法行为被立案 中国基金报记者 若文 7月25日，*ST沐邦发布公告称，公司收到中国证监会《立案告知书》，因公司涉嫌年报等定期报告财务数据虚假披露等违法行为，中国证监会决定对公 司立案。 同日，*ST沐邦还公告称，近日收到中国证监会江西监管局下发的《行政监管措施决定书》。 | 截止日期 | | 2025-03-31 | 2024-12-31 | | --- | --- | --- | --- | | 报告期 | | 一季报 | 年报 : | | 报表类型 | | 合并报表 | 合并报表 | | 筹资活动产生的现金流量： | | | | | 吸收投资收到的现金 | = | | 14.05 : | | 取得借款收到的现金 | - | 0.54 : | 4.56 : | | 收到其他与筹资活动有关的现金 | = | 3.23 : | 25.05 | 如今，巨额债务负担下的偿债能力困局正全面显露。7月22日，*ST沐邦发布公告，因子公司与杭州晟泽盈贸易有限公司之间的民间借贷纠纷，公司的部 分募集资金账户资金被司法划扣，划扣金额为9747.08万元。 经查，公司 ...

7月25日，*ST沐邦 发布 公告称，公司收到中国证监会《立案告知书》，因公司涉嫌年报等 定期报告财务数据虚假披露等违法行为，中国证监会决定对公司立案。 同日收到监管函 【 导读】 *ST沐邦 因 涉嫌财务数据虚假披露 等违法行为被立案 中国基金报记者 若文 同日， *ST沐邦 还公告称， 近日收到中国证监会江西监管局 下发的《行政监管措施决定 书》。 经查，公司存在重大会计差错、违规使用募集资金、控股股东及其他关联方非经营性资金占 用、年度报告等披露文件存在错误的 违规行为 。 决定书显示，2025年3月1日和4月30日，*ST沐邦先后两次披露《关于会计差错更正的公 告》，反映出公司此前披露的相关报告财务信息不准确。 此外，2025年4月30日，*ST沐邦披露的《2024年年度报告》和《2024年度内部控制评价 报告》等6项公告文件存在多处错误。 * ST沐邦的前身邦宝益智，主营益智玩具，2015年登陆资本市场，但上市仅6年原实控人吴 锭辉家族就卖壳，在2021年初公司易主廖志远。 易主后，*ST沐邦以定增注入资产方式收购豪安能源100%股权，切入光伏领域。而刚进入光 伏行业，公司就密集签订了多个重大投资协 ...

Core Viewpoint - Four A-share listed companies received the "Notice of Case Filing" from the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure regulations [1] Group 1: Companies Involved - Three companies were filed for suspected violations of information disclosure: Ruibeka (600439.SH), *ST Wanfang (000638.SZ), and Taiyuan Heavy Industry (600169.SH) [2] - Ruibeka announced that both the company and its controlling shareholder, Henan Ruibeka Holdings Co., Ltd., received the notice and confirmed that operations remain normal [2] - *ST Wanfang stated that it received the notice and its operational status is also normal [2] - Taiyuan Heavy Industry confirmed receipt of the notice and mentioned that its operations are normal; additionally, its controlling shareholder plans to increase its stake in the company by no less than 80 million yuan and no more than 160 million yuan within the next 12 months [2] Group 2: Additional Company - Another company, *ST Mubang (603398.SH), was filed for suspected false disclosure of financial data in its annual report and other periodic reports [2]

7月25日晚间，*ST沐邦（603398）发布公告称，公司收到中国证监会《立案告知书》，因涉嫌年报等定期报告财务数据虚假披露等 违法行为，中国证监会决定对公司立案。 证监会出手。 截至7月25日（周五）收盘，*ST沐邦跌1.98%，报4.94元/股，总市值21.42亿元。 *ST沐邦表示，公司将积极配合中国证监会的相关工作，并严格按照监管要求履行信息披露义务。 同日公司公告，公司近日收到江西证监局《关于对江西沐邦高科股份有限公司、江西沐邦新能源控股有限公司、江西豪安能源科技有 限公司、廖志远和张忠安采取责令改正措施并对汤晓春和刘毅采取出具警示函措施的决定》。 经查，公司存在四大违规行为： 一是2025年3月和4月两次披露会计差错更正公告，反映出此前财务信息不准确； 二是2024年2月至2025年4月间，通过供应商划转资金至关联方，违规使用募集资金； 三是通过预付设备款和工程款等方式，通过第三方向控股股东及关联方提供非经营性资金，截至2025年6月末，控股股东非经营性 资金占用余额达4605.63万元，其他关联方非经营性资金占用余额3526.25万元，且未按规定披露； 四是2024年年度报告等6项文件存在多处错 ...

Core Viewpoint - Four listed companies, including Ruibeka, *ST Wanfang, Taiyuan Heavy Industry, and *ST Mubang, have been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure regulations [1][2]. Group 1: Ruibeka - Ruibeka and its controlling shareholder received a notice from the CSRC for suspected violations of information disclosure laws [3]. - The company, known as the "wig first stock," has a market value of 4.2 billion yuan and has been named by regulators twice this year [4][5]. - The company was found to have five violations, including failure to disclose non-operating fund transactions with related parties and insufficient provision for inventory impairment [6][7]. - Ruibeka reported a net loss of 118 million yuan for 2024 and failed to disclose its performance forecast within the required timeframe, leading to further regulatory actions [8]. Group 2: *ST Wanfang - *ST Wanfang announced it is under investigation by the CSRC for suspected information disclosure violations [9]. - The company faced public condemnation from the Shenzhen Stock Exchange for failing to timely disclose significant events and inaccurate performance forecasts [10]. - The company revised its 2024 performance forecast multiple times, ultimately reporting a net profit of 10.65 million yuan but a net loss of 4.6 million yuan after adjustments [11]. - The company is also facing potential changes in control due to a court decision to auction off shares held by its major shareholder [12]. Group 3: Taiyuan Heavy Industry - Taiyuan Heavy Industry received a notice from the CSRC for suspected information disclosure violations [12]. - The controlling shareholder plans to increase its stake in the company by investing between 80 million and 160 million yuan within the next 12 months [13]. - The company has not faced recent administrative penalties, with the last warning dating back to the end of 2023 for failing to disclose significant transactions and financial inaccuracies [14][15]. Group 4: *ST Mubang - *ST Mubang is under investigation by the CSRC for suspected false disclosures in its financial reports [16][17]. - The company has been flagged for multiple violations, including accounting errors and improper use of raised funds, with significant amounts of non-operating fund occupation reported [19]. - The controlling shareholder is facing financial difficulties, with a debt-to-asset ratio of 121.64% and zero revenue reported in the past year [21].

Core Viewpoint - Jiangxi Mubang High-tech Co., Ltd. (hereinafter referred to as "the company") is facing regulatory scrutiny due to various violations related to financial disclosures and the use of raised funds, which may impact investor confidence and the company's operational integrity [4][10][13]. Group 1: Shareholder and Financial Issues - The controlling shareholder, Jiangxi Mubang New Energy Holdings Co., Ltd., holds 87,540,610 shares, accounting for 20.19% of the company's total equity. Recently, 470,610 shares were judicially frozen, bringing the total frozen shares to 2,833,874, which is 3.24% of its holdings and 0.65% of the company's total shares [2][16]. - The company has been found to have significant accounting errors, violating the disclosure management regulations, which has led to administrative measures from the Jiangxi Securities Regulatory Bureau [5][9]. - There have been instances of improper use of raised funds, where funds were diverted to related parties instead of being used for intended projects, constituting a violation of regulations [6][22]. Group 2: Regulatory Actions and Compliance - The company received an administrative penalty for failing to disclose non-operating fund occupations and for not adhering to proper disclosure protocols, which could lead to further regulatory actions if not rectified [10][11]. - The company is required to submit a rectification report within 30 days of receiving the regulatory decision, emphasizing the need for improved compliance and internal controls [10][11]. - The company has been notified of a formal investigation by the China Securities Regulatory Commission due to suspected false disclosures in annual reports, which could have serious implications for its operations and reputation [13][14]. Group 3: Impact on Operations and Governance - The freezing of shares and regulatory scrutiny is not expected to change the company's control structure or significantly impact its ongoing operations and governance [2][23]. - The company has stated that the recent pledge and unpledge of shares by the controlling shareholder will not affect its business operations or governance structure [16][23]. - The controlling shareholder's financial health is under scrutiny, with high debt levels and low liquidity ratios raising concerns about its ability to meet financial obligations [25][26].