Core Viewpoint - *ST Hengli is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false disclosures in its annual report and other financial documents, facing a delisting risk due to failure to timely disclose periodic reports [1][14]. Financial Performance - *ST Hengli's revenue from 2021 to 2023 showed a significant decline, with revenues of 3.46 billion, 2.46 billion, and 1.11 billion respectively, reflecting year-on-year changes of 13.19%, -28.86%, and -54.74% [2]. - The company's net profit attributable to shareholders for the same period was 0.02 billion, -0.13 billion, and -0.11 billion, with year-on-year changes of -42.99%, -870.88%, and 13.40% [2]. Audit and Reporting Issues - The company faced challenges in its 2023 annual report, initially forecasting revenue of 1.5 billion to 1.8 billion, later revised down to 1 billion to 1.2 billion, a reduction of 33.33% [3]. - The audit report from Yongtuo Accounting Firm raised concerns about the company's ability to continue as a going concern, leading to a risk warning for delisting [3]. - *ST Hengli's failure to disclose over half of its board's assurances regarding the accuracy of the 2024 annual report resulted in a delisting risk warning from the Shenzhen Stock Exchange [3]. Legal Actions and Controversies - Following the receipt of a delisting warning, *ST Hengli filed a lawsuit against its auditing firm, Xutai, claiming damages of 38.27 million due to delays in the audit report [1][6]. - The company appointed a new auditor, Tangtang, without following the required shareholder meeting procedures, raising compliance concerns [10]. Revenue Adjustment Attempts - On May 31, *ST Hengli attempted to adjust its 2023 revenue figures by hiring Tangtang to issue a new verification report, arguing that certain income should not have been deducted [7]. - The company had previously accepted the auditor's opinion on revenue deductions without objection, leading to questions about the legitimacy of its recent claims [8]. Regulatory Compliance Issues - *ST Hengli's disclosures regarding its financial adjustments were not made through the designated media, violating regulatory requirements [13]. - The company justified its internal announcement process by claiming that relevant personnel at the Shenzhen Stock Exchange failed to disclose information in a timely manner, which does not absolve it of compliance responsibilities [13].

恒立实业发展集团股份有限公司 特此公告 关于收到中国证券监督管理委员会《立案告知书》的公告 恒立实业发展集团股份有限公司董事会 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 恒立实业发展集团股份有限公司（以下简称"公司"）于 2025 年 6 月 2 日收 到中国证券监督管理委员会下发的《立案告知书》（证监立案字 0132025008 号）， 因公司年报等信息披露文件财务数据涉嫌虚假披露，根据《中华人民共和国证券 法》《中华人民共和国行政处罚法》等法律法规，中国证券监督管理委员会决定 对公司立案。 在立案期间，公司将积极配合中国证券监督管理委员会的调查工作，并严格 按照监管要求履行信息披露义务。 公司董事会郑重提醒广大投资者：公司指定的信息披露媒体为《证券时报》 和巨潮资讯网（www.cninfo.com.cn），公司所有信息均以在上述媒体披露的信息 为准，公司将严格按照有关法律法规的规定和要求履行信息披露义务，及时做好 信息披露工作。请广大投资者理性投资，注意风险。 证券简称：*ST 恒立 证券代码：000622 公告编号：2025-51 2025 年 6 ...

证券简称：*ST 恒立 证券代码：000622 公告编号：2025-50 恒立实业发展集团股份有限公司 关于公司提起诉讼事项的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本次诉讼的基本情况和进展情况 恒立实业发展集团股份有限公司(以下简称"公司")就公司与深圳旭泰会 计师事务所（普通合伙）（以下简称"旭泰会所"）、谭旭明、尹擎、凌辉、王平 平侵权责任纠纷向湖南省岳阳市岳阳楼区人民法院(以下简称"岳阳楼区法院") 提起诉讼，具体内容详见公司于 2025 年 5 月 9 日在指定信息披露媒体上披露的 《关于收到湖南省岳阳市岳阳楼区人民法院<受理案件通知书>的公告》（公告编 号：2025-46）。 2025 年 5 月 27 日，公司收到岳阳楼区法院送达的《传票》等法律文书。上 述案号为（2025）湘 0602 民初 6461 号的侵权责任纠纷案，将于 2025 年 7 月 23 日开庭。 二、本次诉讼对公司本期利润或期后利润的可能影响 因案件尚未审理，暂无法判断本次诉讼对公司本期利润或期后利润的影响。 公司将根据有关诉讼的进展情况及时履行信息披露 ...

证券简称：*ST 恒立 证券代码：000622 公告编号：2025-49 崔爱媛女士的辞职将导致公司董事会相关专门委员会中独立董事所占比例不 符合法律法规及《公司章程》的规定，根据《中华人民共和国公司法》《上市公 司独立董事管理办法》《深圳证券交易所上市公司自律监管指引第 1 号--主板上 市公司规范运作》及《公司章程》等有关规定，其辞职报告将在公司股东会选举 产生新任独立董事填补其空缺后生效。在此之前，崔爱媛女士仍将按照相关法律 法规和《公司章程》的规定，继续履行独立董事及董事会专门委员会中的相关职 责。崔爱媛女士原定任期至 2028 年 3 月 9 日第十届董事会届满。公司董事会将按 照法定程序尽快完成新任独立董事的补选工作。 截至本公告日，崔爱媛女士未持有公司股份。公司董事会对崔爱媛女士在担 任公司独立董事期间作出的贡献表示感谢。 特此公告 恒立实业发展集团股份有限公司董事会 2025 年 5 月 21 日 恒立实业发展集团股份有限公司 关于公司独立董事辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 恒立实业发展集团股份有限公司（以下简称"公 ...

Core Viewpoint - The article discusses the peculiar case of *ST Hengli, which is facing delisting due to failure to disclose its annual report on time, and highlights the company's attempts to blame its auditing firm for the situation [3][5][14]. Group 1: Company Background and Financial Issues - *ST Hengli received a delisting notice from the Shenzhen Stock Exchange due to not disclosing over half of its board's assurances regarding the accuracy of its 2024 annual report by the legal deadline [5][6]. - The company has been under "ST" and "*ST" designations due to continuous financial losses, with a cumulative loss of 670 million yuan since 2003 [31][34]. - In 2024, *ST Hengli projected a revenue of 300 million to 350 million yuan, a significant increase from 111.47 million yuan in the previous year, but still expected a net loss of 33 million to 43 million yuan [8][30]. Group 2: Auditing and Reporting Issues - The company changed its auditing firm to Xutai CPA shortly before the annual report deadline, which raised concerns about the adequacy of the audit process [10][20]. - There were significant discrepancies between the company's performance forecasts and the audit results, leading to a failure to submit the annual report on time [11][12]. - After receiving the delisting notice, *ST Hengli filed a lawsuit against Xutai CPA, claiming damages of 38.27 million yuan, which corresponds to the market value loss on the day of the notice [14][38]. Group 3: Market Reaction and Implications - Following the delisting notice, *ST Hengli's stock price dropped by 4.81%, leading to three consecutive trading halts [38][42]. - The article suggests that retail investors, who are often the last to bear the financial consequences, are the biggest losers in this situation [38][42].

Summary of Key Points Group 1: Company Listings - Company 001390 Guqi Fur Materials is set to announce its online subscription rate on May 20, 2025 [1] - Company 301590 Youyou Green Energy will begin its preliminary inquiry on May 20, 2025, with the inquiry period ending on the same day [1] - Company 603049 Zhongce Rubber will also start its preliminary inquiry on May 20, 2025, concluding on the same day [1] Group 2: Trading Suspension Announcements - The Invesco Great Wall S&P Consumer Select ETF (QDII) will be suspended from trading on May 20, 2025, until 10:30 AM to protect investor interests [2] - The Guotai S&P 500 ETF will also be suspended on May 20, 2025, until 10:30 AM for the same reason [2] - Company 000151 Zhongcheng Co., Ltd. is suspended due to plans for issuing shares to acquire assets and raise matching funds, effective from May 16, 2025 [2] - Company 000584 *ST Gongzhi is suspended due to a risk warning regarding potential delisting, effective from April 28, 2025 [2] - Company 000622 *ST Hengli is suspended for failing to disclose periodic reports within the statutory deadline, effective from May 6, 2025 [2] - Company 000627 Tianmao Group is suspended for the same reason as *ST Hengli, effective from May 6, 2025 [2] - Company 000878 Yunnan Copper is suspended due to plans for issuing shares to acquire assets and raise matching funds, effective from May 13, 2025 [2] - Company 002336 *ST Renle is suspended due to a risk warning regarding potential delisting, effective from April 30, 2025 [2] - Company 002708 Guangyang Co., Ltd. is suspended due to plans for issuing shares and cash to acquire assets and raise matching funds, effective from May 19, 2025 [2] - Company 002750 *ST Longjin is suspended due to a risk warning regarding potential delisting, effective from April 25, 2025 [2]

Summary of Key Points Core Insights - The report highlights the upcoming listings and trading activities of several companies on May 19, 2025, indicating a busy market day with multiple new entries [1][2][3]. Upcoming Listings - Company 001390 Guqi Fur Material will be available for online subscription on May 19, 2025 [1]. - Companies 301595 N Taili and 603014 N Weigao will officially list on the same day, with allocations for general institutional investors [1]. - Company 920060 Wanyuantong will also list on May 19, 2025, specifically for the public portion [1]. Suspension Announcements - Company 002092 ST Zhongtai and 002259 ST Shengda will be suspended for one day due to the announcement of the withdrawal of other risk warnings [2]. - The Invesco Great Wall S&P Consumer Select ETF (QDII) and Guotai S&P 500 ETF will also be suspended until 10:30 AM on May 19, 2025, to protect investor interests [2]. - Company 300506 *ST Mingjia will be suspended for one day following the announcement of the withdrawal of delisting risk warnings [2]. Special Suspensions - Company 000151 Zhongcheng Co. will be suspended due to plans for issuing shares to acquire assets and raise matching funds, effective from May 16, 2025 [3]. - Company 000584 *ST Gongzhi and 000622 *ST Hengli will also face suspensions due to potential delisting risks and failure to disclose periodic reports within the legal timeframe [3]. - Company 002336 *ST Renle will be suspended for one day due to the announcement of potential delisting risks [3].

Core Viewpoint - *ST Hengli has initiated a public selection process for an accounting firm for the 2024 annual audit due to its failure to disclose the 2024 financial report on time, attributing the delay to the previous auditor's misconduct [1][2] Group 1: Audit Selection Process - The company has set a deadline of May 20, 2025, for applications from accounting firms, requiring the selected firm to provide a stamped financial report by June 22, 2025 [1] - Specific qualifications for the auditing firm include having at least 10 staff members on-site, with a minimum of 5 holding valid CPA licenses, emphasizing the complexity and urgency of the audit [1] Group 2: Previous Auditor Issues - The previous auditor, Shenzhen Xutai Accounting Firm, allegedly ignored the company's legal rights and created obstacles during the audit process, leading to a flawed audit report issued on April 29, 2025 [2] - The company has filed a lawsuit against the previous auditor, seeking over 38 million yuan in damages due to the auditor's negligence and failure to meet professional standards [2] Group 3: Regulatory Consequences - As a result of the failure to disclose the 2024 financial report, the company received a notice from the Shenzhen Stock Exchange regarding the potential termination of its listing [2][3] - The company has submitted a hearing application to the Shenzhen Stock Exchange, indicating its intention to present written statements and defense materials within the specified timeframe [3] Group 4: Company Valuation and Shareholder Information - Prior to the suspension of trading, the company's total market value was 760 million yuan, with 18,480 ordinary shareholders reported as of the end of the third quarter of the previous year [4]

一、 公司申请听证的基本情况 证券简称：*ST 恒立 证券代码：000622 公告编号：2025-48 恒立实业发展集团股份有限公司 关于向深圳证券交易所提交听证申请的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 恒立实业发展集团股份有限公司（以下简称"公司"）已在规定期限内向深 圳证券交易所提交听证申请，如公司未按期参加听证，将被视为放弃听证权利， 或公司参加了听证但深圳证券交易所最终仍作出终止公司股票上市的决定，公司 股票将被终止上市。 公司于 2025 年 5 月 7 日收到深圳证券交易所下发的《终止上市事先告知书》 （公司部函〔2025〕第 198 号），具体详见公司于 2025 年 5 月 8 日披露的《关于 收到终止上市事先告知书的公告》（公告编号：2025-44）。 公司已在规定的期限内向深圳证券交易所提交了听证申请等，若公司参加了 听证但深圳证券交易所最终仍作出终止上市的决定，公司股票将被终止上市。请 投资者注意投资风险。 二、 后续工作安排 公司将按照《深圳证券交易所股票上市规则（2025 年修订）》《深圳证券交 易所自律 ...

证券简称：*ST 恒立 证券代码：000622 公告编号：2025-47 截至本公告日，张凡女士未持有公司股份。 公司董事会对张凡女士在担任公司独立董事期间作出的贡献表示感谢！ 恒立实业发展集团股份有限公司 关于部分董事及监事辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 恒立实业发展集团股份有限公司（以下简称"公司"）董事会和监事会于近 日分别收到独立董事张凡女士、监事罗笛女士递交的书面辞职报告，具体情况如 下： 1．因个人原因，张凡女士申请辞去公司第十届董事会独立董事之职，同时辞 去董事会审计委员会、提名及薪酬与考核委员会的相应职务，其辞职后将不再担 任公司任何职务。 张凡女士的辞职将导致公司董事会相关专门委员会中独立董事未超半数且独 立董事中缺少会计专业人士，根据《上市公司独立董事管理办法》《深圳证券交 易所上市公司自律监管指引第 1 号--主板上市公司规范运作》等法律法规的要求 和《公司章程》的规定，张凡女士的辞职报告将在公司股东会选举产生新任独立 董事填补其空缺后生效。在新任独立董事就任前，张凡女士仍将按照相关法律法 规和《公司章程》的规 ...