Group 1 - The resignation of independent director Yang Xianghong will result in the number of independent directors being less than one-third of the board members, which does not comply with relevant regulations [2][4] - Yang Xianghong's resignation will take effect after the election of a new independent director at the shareholders' meeting, but he will continue to fulfill his duties until then [2][4] - The board expresses gratitude for Yang Xianghong's contributions during his tenure [2] Group 2 - Shenyang Chemical Co., Ltd. received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) on September 30, 2025, leading to the implementation of risk warnings on its stock [4][5] - The risk warning was due to false disclosures in the financial indicators from 2018 to 2021, but it does not meet the criteria for mandatory delisting [5][6] - The company has taken corrective actions, including self-examination and adjustments in its financial reports, which were disclosed in the 2023 annual report [6][7] Group 3 - The company has implemented measures to ensure compliance with laws and regulations, including enhancing internal governance and audit processes [8] - The company plans to apply for the removal of the risk warning once it meets the necessary conditions set by the Shenzhen Stock Exchange [8] - As of the announcement date, the company's production and operational activities are normal, and it has maintained stable financing [8]

南财智讯12月3日电，ST沈化公告，沈阳化工股份有限公司董事会于近日收到独立董事杨向宏先生提交 的书面辞职报告。杨向宏先生因个人原因，申请辞去公司第十届董事会独立董事、董事会提名委员会主 任委员、董事会战略委员会委员、董事会审计委员会委员及董事会薪酬与考核委员会委员。杨向宏先生 的原任期至公司第十届董事会届满之日止，即2027年9月2日。杨向宏先生辞职后不在公司担任任何职 务。截至本公告披露日，杨向宏先生未持有公司股票，亦不存在应当履行而尚未履行的其他承诺事项。 杨向宏先生的辞职将导致公司独立董事人数少于董事会成员的三分之一，董事会审计委员会、提名委员 会、薪酬与考核委员会中独立董事所占比例不符合有关法律法规、规范性文件以及《公司章程》的相关 规定。因此，杨向宏先生的辞职将在公司股东会选举产生新任独立董事后正式生效。在此之前，为保证 董事会及其相应专门委员会的正常运作，杨向宏先生仍将按照有关法律法规及《公司章程》等规定，继 续履行公司独立董事及董事会提名委员会主任委员、董事会战略委员会委员、董事会审计委员会委员及 董事会薪酬与考核委员会委员的相关职责。公司将按照法定程序尽快完成独立董事补选工作。 ...

证券代码：000698 证券简称：ST 沈化 公告编号：2025-046 关于独立董事辞职的公告 沈阳化工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。 杨向宏先生在任职期间恪尽职守、勤勉尽责，为公司的发展作出了重大贡献。 公司董事会对杨向宏先生任职期间所做出的贡献表示衷心的感谢！ 沈阳化工股份有限公司 特此公告。 沈阳化工股份有限公司（以下简称"公司"）董事会于近日收到独立董事杨 向宏先生提交的书面辞职报告。独立董事杨向宏先生因个人原因，申请辞去公司 第十届董事会独立董事、董事会提名委员会主任委员、董事会战略委员会委员、 董事会审计委员会委员及董事会薪酬与考核委员会委员。杨向宏先生的原任期至 公司第十届董事会届满之日止，即 2027 年 9 月 2 日。 杨向宏先生辞职后不在公司担任任何职务。截至本公告披露日，杨向宏先生 未持有公司股票，亦不存在应当履行而尚未履行的其他承诺事项。 杨向宏先生的辞职将导致公司独立董事人数少于董事会成员的三分之一，董 事会审计委员会、提名委员会、薪酬与考核委员会中独立董事所占比例不符合《深 圳证券交易所股票上 ...

证券代码：000698 证券简称：ST 沈化 公告编号：2025-045 沈阳化工股份有限公司 关于公司股票被实施其他风险警示的进展公告 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。 特别提示： 1. 沈阳化工股份有限公司（以下简称"公司"）于 2025 年 9 月 30 日收到 中国证券监督管理委员会辽宁监管局下发的《行政处罚事先告知书》（〔2025〕 5 号）（以下简称"《事先告知书》"），根据《事先告知书》载明的内容及《深 圳证券交易所股票上市规则（2025 年修订）》第 9.8.1 条的相关规定，公司股票 被实施其他风险警示，但未触及《深圳证券交易所股票上市规则（2025 年修订）》 第九章第五节规定的重大违法类强制退市情形。公司股票自 2025 年 10 月 10 日 起被实施其他风险警示。 2. 公司于 2025 年 11 月 28 日收到中国证券监督管理委员会辽宁监管局下发 的《行政处罚决定书》(〔2025〕7 号)，具体内容详见公司同日在巨潮资讯网 （www.cninfo.com.cn）披露的《沈阳化工股份有限公司关于收到中国证券监督管 理委 ...

Core Points - Shenyang Chemical Co., Ltd. received an administrative penalty from the Liaoning Regulatory Bureau of the China Securities Regulatory Commission for falsifying financial data from 2018 to 2021, resulting in a fine of 7 million yuan and warnings to responsible personnel [1] - The company’s subsidiary, Shenyang Wax Chemical, manipulated financial data by adjusting production input quantities and delaying inventory recognition, leading to false reporting in annual reports for four consecutive years [1] - Affected investors who purchased shares between March 21, 2019, and August 9, 2024, may register for compensation through the "Sina Investor Rights Protection Platform" [2][3] Summary by Sections - **Administrative Penalty**: Shenyang Chemical was warned and fined 7 million yuan due to false financial reporting, with key personnel facing market bans of 8 and 4 years [1] - **Investigation Background**: The company was under investigation for information disclosure violations, leading to the issuance of a notice of administrative penalty [1] - **Investor Compensation**: Investors who held shares during the specified period may be eligible for compensation, with the final compensation scope determined by the court [3]

Core Points - ST Shenhua (000698) has been penalized for information disclosure violations, receiving a total fine of 15.7 million yuan and warnings for four responsible individuals [1][3] - The violations involved significant financial misstatements over four consecutive years, impacting the integrity of financial reports [2][3] Summary by Sections Information Disclosure Violations - ST Shenhua's violations were identified as a result of its subsidiary, Shenyang Paraffin Chemical Co., manipulating financial data to meet management and assessment requirements [1][2] - The company reported false figures in its annual reports from 2018 to 2021, including inflated profits and understated costs [2] Financial Impact - In 2018, ST Shenhua falsely reduced operating costs and inflated total profits by 130 million yuan, which constituted 80.44% of the reported profit for that year [2] - The 2019 report showed a false reduction of operating costs and an inflation of profits by 204 million yuan, accounting for 29.4% of the reported profit [2] - In 2020, the company again misreported, with a false reduction of operating costs by 104 million yuan, representing 19.14% of the reported profit [2] - The 2021 report indicated a false inflation of operating costs and a reduction of profits by 148 million yuan, which was 70.11% of the reported profit [2] Penalties and Consequences - The penalties included a total fine of 15.7 million yuan, with specific fines for the chairman, general manager, and other responsible individuals [3] - The chairman, Sun Zesheng, received an 8-year market ban, while the chief accountant, Li Zhong, received a 4-year ban [3] - Other board members and executives received warnings and administrative measures from the regulatory authority [3] Investor Implications - Investors affected by the false disclosures are eligible to file civil lawsuits for damages, particularly those who purchased shares between March 21, 2019, and April 28, 2023 [4][5] - Legal experts emphasize the importance of timely action for investors to claim compensation before the statute of limitations expires [5]

Core Viewpoint - ST Shenhua (000698) has been penalized by the Liaoning Regulatory Bureau of the CSRC for false reporting in annual reports from 2018 to 2021, leading to significant financial misstatements [2][6]. Summary by Relevant Sections Financial Misstatements - The company’s wholly-owned subsidiary, Shenyang Wax Chemical, manipulated financial data from 2018 to 2021 by adjusting production input quantities and delaying inventory recognition, resulting in inflated profits and understated costs [5][6]. - Cumulatively, the company inflated total profits by 290 million yuan over the four years [8]. Specific Annual Report Adjustments - In 2018, the company understated operating costs by 130 million yuan, inflated total profits by 130 million yuan (80.44% of reported profit), and understated inventory by 509 million yuan [7]. - In 2019, operating costs were understated by 204 million yuan, with total profits inflated by the same amount (29.4% of reported profit) [7]. - In 2020, operating costs were understated by 104 million yuan, with total profits inflated by 104 million yuan (19.14% of reported profit) [7]. - In 2021, operating costs were inflated by 148 million yuan, leading to a reduction in total profits by the same amount (70.11% of reported profit) [7]. Penalties and Consequences - The company received a warning and a fine of 7 million yuan, while four senior executives were penalized, with the highest being an 8-year market ban for the former general manager, Sun Zesheng [10][11]. - Other executives received fines ranging from 100,000 to 350,000 yuan and varying lengths of market bans [11]. Company Response - ST Shenhua has committed to learning from this incident, improving compliance with laws and regulations, and enhancing internal governance to protect shareholder interests [11].

Core Viewpoint - The Shenyang Chemical case highlights significant risks associated with financial misconduct at subsidiaries, which can severely impact the parent company's financial integrity and market trust [4][5][6]. Summary by Sections Financial Misconduct Details - Shenyang Wax Chemical, a wholly-owned subsidiary of Shenyang Chemical, engaged in financial fraud from 2018 to 2021 by manipulating production input quantities and delaying inventory recognition, leading to false financial statements [1][2]. - The fraudulent activities resulted in inflated profits of CNY 130 million, CNY 204 million, and CNY 104 million for the years 2018, 2019, and 2020 respectively, while the 2021 report showed a profit reduction of CNY 148 million [2]. Regulatory Actions - The Liaoning Securities Regulatory Bureau imposed a total fine of CNY 15.7 million on Shenyang Chemical and four responsible individuals, with specific penalties including CNY 7 million for the company and CNY 3.5 million for the chairman [3]. - Several executives received warnings and fines, with two individuals facing market bans of 8 years and 4 years respectively [3]. Implications for Corporate Governance - The case underscores the systemic risks posed by subsidiary financial issues, which can distort the parent company's financial health and erode market confidence [5][6]. - The involvement of multiple levels of management in the misconduct indicates severe deficiencies in corporate governance and internal controls [6]. Recommendations for Improvement - Experts suggest enhancing legal regulations, improving corporate governance, and strengthening regulatory enforcement to mitigate such risks [7]. - Companies should implement strict vertical financial management and internal control systems for subsidiaries, ensuring that financial personnel appointments and assessments are led by the parent company [7].

Group 1 - Multiple listed companies received notices from regulatory authorities regarding suspected violations of information disclosure laws [1][4][7] - Haide Co. is under investigation by the CSRC for suspected information disclosure violations, with its actual controller Wang Guangxi being investigated [1] - Tianfeng Securities also received a notice from the CSRC for suspected information disclosure violations and illegal financing [4] Group 2 - Yuanda Intelligent received a pre-penalty notice from the Liaoning Securities Regulatory Bureau for falsely reporting sales revenue in multiple annual reports [7] - Puli Pharmaceutical, which has been delisted, received a pre-penalty notice for failing to disclose its 2024 annual report on time [10] - ST Shenhua was fined 7 million yuan for false records in its annual reports from 2018 to 2021, with the company correcting its financial data [13][14]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued administrative penalties against Shenyang Chemical Co., Ltd. and several individuals for violations related to false financial disclosures from 2018 to 2021 [2][4][5]. Group 1: Violations and Findings - Shenyang Chemical's subsidiary, Shenyang Wax Chemical, manipulated financial data by adjusting production input quantities and delaying inventory recognition, leading to false reporting in annual reports [4][5]. - Specific financial discrepancies include: - 2018: Reduced operating costs by CNY 129.91 million, inflated profit by 80.44% [4]. - 2019: Reduced operating costs by CNY 204.50 million, inflated profit by 29.4% [4]. - 2020: Reduced operating costs by CNY 104.23 million, inflated profit by 19.14% [4]. - 2021: Inflated operating costs by CNY 147.76 million, reduced profit by 70.11% [4]. Group 2: Penalties Imposed - Shenyang Chemical was fined CNY 7 million and received a warning [9]. - Key individuals received the following penalties: - Sun Zesheng (Chairman and General Manager): fined CNY 3.5 million and banned from the securities market for 8 years [7][9]. - Li Zhong (Chief Accountant): fined CNY 3 million and banned for 4 years [8][9]. - Yang Lin (Director): fined CNY 1.2 million [9]. - Leng Zhaojia (Finance Head): fined CNY 1 million [9].