Core Viewpoint - ST Sike Rui (688053.SH) resumed trading on September 23, 2025, closing at 27.63 yuan, a decline of 12.29%, with a total market capitalization of 2.763 billion yuan, currently in a state of breaking issue [1] Group 1 - The company received an administrative penalty notice from the Sichuan Regulatory Bureau of the China Securities Regulatory Commission on September 19, 2025, leading to the implementation of other risk warnings [1] - The stock abbreviation changed from "Sike Rui" to "ST Sike Rui," effective from September 23, 2025, with the suspension date being September 22, 2025 [1] - The company was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 8, 2022, with an initial public offering of 25 million shares at a price of 55.53 yuan per share [1] Group 2 - The total amount raised from the initial public offering was 138.825 million yuan, with a net amount of 125.251 million yuan, exceeding the original plan by 63.394 million yuan [2] - The company initially planned to raise 61.856 million yuan for various projects, including testing bases and research centers [2] - The total issuance costs amounted to 13.574 million yuan, with China Galaxy Securities receiving 10.760 million yuan in underwriting and sponsorship fees [2]

值得关注的是，ST思科瑞于8月披露的中报显示，公司2025年上半年实现营业收入1.01亿元，较上年同 期增加81.76%，净利润358.42万元，较上年同期增加605.30万元，实现业绩扭亏为盈。 此前，ST思科瑞已根据相关法律法规及监管要求，进行深刻的自查自纠并完成了对2022年以来财务数 据的差错更正和披露。 ST思科瑞在公告中表示，公司及相关责任人将引以为戒，认真汲取经验教训，积极落实整改，严格遵 守相关法律法规，推动公司合规建设常态化，不断完善内部控制的规范性和有效性，提升财务专业能 力，积极提高公司信息披露质量，强化规范运作意识，切实维护公司及广大投资者的利益，推动公司规 范、持续、高质量发展，并将争取尽快申请撤销其他风险警示。 中证报中证网讯(王珞)9月22日晚，ST思科瑞公告有关解聘公司副总经理的事项。公司已于9月19日召开 董事会，决定解聘公司副总经理舒晓辉，解聘后舒晓辉仍在公司担任其他职务，该事项不会影响公司日 常生产经营的正常运行。 近日，ST思科瑞收到中国证监会四川监管局下发的《行政处罚事先告知书》。事先告知书表示，ST思 科瑞涉嫌违反《证券法》及《上市公司信息披露管理办法》相关规定，并 ...

Market Overview - The Shanghai Composite Index fell by 1.23% today, with a trading volume of 1,083.14 million shares and a transaction value of 17,135.39 billion yuan, an increase of 26.47% compared to the previous trading day [1]. Industry Performance - Among the industries, the banking sector had the highest increase, up by 2.15%, with Nanjing Bank leading at a rise of 4.30% [1]. - The computer, social services, and comprehensive sectors experienced the largest declines, down by 3.74%, 3.73%, and 3.57% respectively [1][2]. Detailed Industry Data - **Banking**: +2.15%, transaction value 315.69 billion yuan, up 126.85% from the previous day, led by Nanjing Bank (+4.30%) [1]. - **Coal**: -0.02%, transaction value 103.20 billion yuan, up 34.02%, led by Antai Group (-5.22%) [1]. - **Utilities**: -0.28%, transaction value 229.25 billion yuan, up 23.66%, led by Jingyuntong (-5.99%) [1]. - **Oil & Petrochemicals**: -0.50%, transaction value 60.02 billion yuan, up 20.24%, led by Yueyang Xingchang (-4.60%) [1]. - **Transportation**: -0.91%, transaction value 224.70 billion yuan, up 20.14%, led by Jushen Co. (-9.87%) [1]. - **Food & Beverage**: -1.10%, transaction value 205.01 billion yuan, up 31.81%, led by Ziyan Food (-5.40%) [1]. - **Construction & Decoration**: -1.12%, transaction value 252.99 billion yuan, up 18.05%, led by Yabo Co. (-6.56%) [1]. - **Household Appliances**: -1.30%, transaction value 315.39 billion yuan, up 10.99%, led by Greer (-8.21%) [1]. - **Power Equipment**: -1.48%, transaction value 1,861.78 billion yuan, up 44.25%, led by Daqian Energy (-7.29%) [1]. - **Automotive**: -1.52%, transaction value 1,037.23 billion yuan, up 20.58%, led by Shanghai Wumao (-9.93%) [1]. - **Textiles & Apparel**: -1.58%, transaction value 128.03 billion yuan, up 15.04%, led by Sanfu Outdoor (-5.97%) [1]. - **Agriculture, Forestry, Animal Husbandry, and Fishery**: -1.65%, transaction value 121.46 billion yuan, up 11.51%, led by Aonong Biological (-6.99%) [1]. - **Non-Bank Financials**: -1.72%, transaction value 431.67 billion yuan, up 55.06%, led by Yalian Development (-5.63%) [1]. - **Environmental Protection**: -1.75%, transaction value 151.27 billion yuan, up 35.24%, led by Henghe Co. (-10.64%) [1]. - **Construction Materials**: -2.28%, transaction value 116.54 billion yuan, up 18.34%, led by Gongyuan Co. (-6.75%) [1]. - **Nonferrous Metals**: -2.36%, transaction value 761.40 billion yuan, up 20.71%, led by Tengyuan Cobalt (-6.04%) [1]. - **Media**: -2.36%, transaction value 390.38 billion yuan, up 24.71%, led by Jinyi Film (-8.95%) [1]. - **Beauty & Personal Care**: -2.50%, transaction value 30.26 billion yuan, up 30.69%, led by Huaye Fragrance (-4.78%) [1]. - **Defense & Military**: -2.52%, transaction value 384.06 billion yuan, up 22.18%, led by ST Sicor (-11.43%) [1]. - **Telecommunications**: -2.54%, transaction value 1,124.99 billion yuan, up 29.44%, led by Dekeli (-14.18%) [1]. - **Electronics**: -2.56%, transaction value 3,735.81 billion yuan, up 19.69%, led by Zhixin Electronics (-10.74%) [1]. - **Machinery Equipment**: -2.65%, transaction value 1,391.63 billion yuan, up 24.55%, led by Huizhong Co. (-10.29%) [1]. - **Basic Chemicals**: -2.66%, transaction value 645.44 billion yuan, up 13.75%, led by Dingjide (-7.52%) [1]. - **Steel**: -2.78%, transaction value 68.00 billion yuan, down 2.07%, led by Shougang Co. (-5.26%) [1]. - **Light Industry Manufacturing**: -2.80%, transaction value 174.20 billion yuan, up 4.62%, led by Haotaitai (-10.01%) [1]. - **Pharmaceuticals & Biotechnology**: -3.02%, transaction value 805.28 billion yuan, up 33.02%, led by Kangle Weishi (-12.10%) [1]. - **Real Estate**: -3.17%, transaction value 252.56 billion yuan, up 13.91%, led by Electronic City (-9.86%) [1]. - **Commerce & Retail**: -3.57%, transaction value 38.87 billion yuan, up 81.17%, led by Nanjing Business Travel [2]. - **Social Services**: -3.73%, transaction value 151.27 billion yuan, up 0.36%, led by Yunnan Tourism (-10.01%) [2]. - **Computers**: -3.74%, transaction value 1,426.22 billion yuan, up 34.17%, led by ST Chuangyi (-19.97%) [2].

Core Viewpoint - The company Sichuan Sike Rui (思科瑞) has been penalized for financial statement fraud in its first year of listing, resulting in significant fines and a change in its stock designation to "ST Sike Rui" due to the fraudulent activities [2][3][5]. Group 1: Financial Misconduct - Sichuan Sike Rui's 2022 annual report was found to have inflated revenue by 9.96 million yuan and profit by 7.01 million yuan, accounting for 4.16% and 6.56% of the company's total revenue and profit, respectively [5][8]. - The fraudulent activities included fabricating sales, prematurely recognizing revenue, and improperly confirming income, primarily occurring in the company's first year of listing [3][4][7]. - Specific instances of fraud involved creating false invoices and recognizing income without actual delivery of services, leading to inflated financial results [4][5]. Group 2: Regulatory Actions and Penalties - The Sichuan Securities Regulatory Bureau issued a warning and a fine of 2 million yuan to Sichuan Sike Rui, with a total penalty of 5.6 million yuan imposed on the company and four executives [5][6]. - Following the fraud revelation, the company's stock was placed under additional risk warnings, changing its designation to "ST Sike Rui" after a one-day suspension [5][9]. Group 3: IPO and Market Performance - Sichuan Sike Rui's IPO was completed at a price of 55.53 yuan per share, raising 1.253 billion yuan, but the stock has since fallen to 31.5 yuan per share, significantly below its IPO price [8][9]. - The company has faced declining performance since its IPO, with a reported revenue of 101 million yuan in the first half of 2025, marking an 81.67% increase year-on-year, but it had previously entered a loss in 2024 [8][9]. - As of June 2025, the overall investment progress of the company's IPO projects was 64.29%, with various projects experiencing delays [8][9].

Core Viewpoint - The announcement details the dismissal of the company's Vice President, which was approved by the board of directors and the nomination committee, indicating a significant management change within the company [2][4]. Group 1: Senior Management Departure - The board of directors received a proposal from Chairman Zhang Ya to convene a meeting to discuss the dismissal of the Vice President on September 19, 2025 [2]. - The nomination committee meeting held on September 22, 2025, resulted in a unanimous vote of 3 in favor and 0 against the dismissal [2]. - The board meeting on the same day also resulted in a unanimous vote of 7 in favor and 0 against the dismissal [2]. Group 2: Compliance and Procedures - The procedures for the nomination committee and board meeting adhered to the requirements set forth by the Company Law of the People's Republic of China and the company's articles of association [3]. - The company has designated several media outlets for legal information disclosure, ensuring compliance with regulatory requirements [3]. Group 3: Impact of Departure - As of the announcement date, the dismissed Vice President, Shu Xiaohui, holds 840,100 shares, representing 0.84% of the company [4]. - Following the dismissal, Shu Xiaohui will continue to hold other positions within the company, and this change is not expected to affect the company's normal operations [5].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) maintains a "zero tolerance" policy towards financial fraud and information disclosure violations, focusing on ensuring the authenticity, accuracy, and completeness of disclosures [1][6]. Group 1: Regulatory Actions - Four listed companies, including Sike Rui (688053), Chuangyi Information (300366), Fudan Fuhua (600624), and Kejingyuan (301372), received administrative penalty notices from the CSRC for information disclosure violations [1][3][4][5]. - Sike Rui is facing a warning and a fine of 2 million yuan for fabricating sales business and false records in its 2022 annual report, with its stock to be marked as ST (Special Treatment) [3]. - Chuangyi Information is proposed to be fined 4 million yuan for recognizing revenue improperly in its 2022 and 2023 reports, also leading to an ST designation [3]. - Fudan Fuhua will incur a fine of 4 million yuan for false records in its annual reports from 2019 to 2023, resulting in an ST designation [4]. - Kejingyuan failed to disclose a significant guarantee amounting to 150 million yuan, leading to potential penalties [5]. Group 2: Investor Rights and Compensation - The CSRC's intensified enforcement actions may allow investors who suffered losses due to these violations to seek compensation [6]. - Investors can register their losses through platforms like "Suo Pei Tong" or "Investment Litigation Circle" for potential claims [6][7]. - There is an increase in lawsuits related to financial fraud, with approximately 136 stocks currently involved in compensation claims [7].

二、本次董事会会议的审议过程和表决结果 证券代码：688053 证券简称：思科瑞 公告编号：2025-041 成都思科瑞微电子股份有限公司 关于解聘公司副总经理的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： | 一、高级管理人员离任情况 | | --- | | 姓名 | 离任职务 | 离任时间 | | 到期日 | 原定任期 | | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 （如适用） | 是否存在 未履行完 毕的公开 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | 股子公司任职 | | | | | | | | | | | | | | 承诺 | | 舒晓辉 | 副总经理 | 2025 | 年 9 | 2026 | 年 | 6 | 解聘 | 是 | 不适用 | 是 | | | | 月 22 | 日 | 月 27 | 日 | | | | | | 解聘后舒晓辉先生仍在公司 ...

Core Viewpoint - The article discusses recent developments in China-US relations, regulatory changes in the banking sector, adjustments in housing policies, and economic measures aimed at supporting families and the real estate market, highlighting the importance of cooperation between the two largest economies and the implications of domestic policies on economic stability and growth [4][6][8][12]. Group 1: China-US Relations - On September 19, Chinese President Xi Jinping and US President Trump held a phone call to discuss the current state of China-US relations, emphasizing the importance of cooperation for mutual prosperity and global stability [4]. - This call followed four rounds of economic talks, indicating a commitment to addressing outstanding issues and fostering a constructive relationship [5]. Group 2: Banking Sector Regulation - The State Council, led by Premier Li Qiang, approved the draft revision of the "Banking Supervision Law of the People's Republic of China," aimed at enhancing the regulatory framework for the banking sector [6]. - The revision is intended to address market irregularities and financial risks, ensuring the healthy development of the banking industry [6]. Group 3: Housing Policies - On September 18, new regulations for housing provident fund contributions were announced in Beijing and Shanghai, adjusting the contribution limits to support housing affordability [9][11]. - The adjustments include a maximum contribution base of 35,811 yuan in Beijing and 37,302 yuan in Shanghai, with minimums set at 2,540 yuan and 2,690 yuan respectively [9]. Group 4: Economic Measures - The introduction of a new childcare subsidy management regulation aims to streamline the application process and enhance support for families, indicating a shift towards a more structured national policy [7][8]. - The Federal Reserve's decision to lower interest rates by 25 basis points to a range of 4.00%-4.25% is seen as a response to economic concerns, potentially benefiting the Chinese market through increased foreign investment [12]. Group 5: Market Developments - Four A-share companies were flagged for financial misconduct, reflecting a stringent regulatory stance against fraud in the capital markets [13]. - The latest Loan Prime Rate (LPR) remains unchanged at 3.0% for one year and 3.5% for five years, indicating stability in lending rates amidst market expectations for potential future adjustments [14].

中国经济网北京9月22日讯 思科瑞(688053.SH)20日发布关于实施其他风险警示暨停牌的公告。因 思科瑞于2025年9月19日收到中国证券监督管理委员会(以下简称"中国证监会")四川监管局下发的《行 政处罚事先告知书》(川证监处罚字【2025】6号)(以下简称"《事先告知书》")。依据《事先告知书》载 明的内容，根据《上海证券交易所科创板股票上市规则(2025年4月修订)》(以下简称"《上市规则》")相 关规定，公司股票将被实施其他风险警示。 A股股票简称由"思科瑞"变更为"ST思科瑞"；扩位简称由"思科瑞微电子"变更为"ST思科瑞微电子"； 实施风险警示的起始日：2025年9月23日。停牌日期为2025年9月22日。 思科瑞20日发布关于公司及相关人员收到中国证券监督管理委员会四川监管局《行政处罚事先告 知书》的公告。公司于2025年9月19日收到中国证监会四川监管局下发的《事先告知书》。 经查明，思科瑞涉嫌违法的事实如下： 一、思科瑞涉嫌虚构销售业务 2022年12月，思科瑞虚构一笔与四川赛狄信息技术股份公司(以下简称赛狄信息)336.65万元的检 测业务，在未收到待检货物且未真实开展检测业务的情况 ...

2022年12月，思科瑞虚构一笔与四川赛狄信息技术股份公司(以下简称赛狄信息)336.65万元的检 测业务，在未收到待检货物且未真实开展检测业务的情况下，安排人员生成对账单并利用与赛狄信息相 关工作人员私人关系加盖对方公章，导致思科瑞2022年分别虚增销售收入和利润总额336.65万元、 318.81万元。 中国经济网北京9月22日讯 思科瑞（688053.SH）20日发布关于实施其他风险警示暨停牌的公 告。因思科瑞于2025年9月19日收到中国证券监督管理委员会（以下简称"中国证监会"）四川监管局下 发的《行政处罚事先告知书》（川证监处罚字【2025】6号）(以下简称"《事先告知书》"）。依据《事 先告知书》载明的内容，根据《上海证券交易所科创板股票上市规则（2025年4月修订)》（以下简 称"《上市规则》"）相关规定，公司股票将被实施其他风险警示。 A股股票简称由"思科瑞"变更为"ST思科瑞"；扩位简称由"思科瑞微电子"变更为"ST思科瑞微电子"； 实施风险警示的起始日：2025年9月23日。停牌日期为2025年9月22日。 思科瑞20日发布关于公司及相关人员收到中国证券监督管理委员会四川监管局《行政处罚 ...