Core Viewpoint - The regulatory penalties imposed on Hubei Jing Shan Light Industry Machinery Co., Ltd. for financial disclosure violations highlight the serious consequences of financial misconduct in the capital market [3][4][7] Group 1: Regulatory Actions - The company received an administrative penalty notice from the Hubei Securities Regulatory Bureau due to false records in its 2018 annual report, leading to a warning from the Shenzhen Stock Exchange [3][4] - The company's stock will be suspended for one day on January 19 and will resume trading on January 20 under the new name "ST Jingji," with a reduced daily price fluctuation limit from 10% to 5% [3][4] - The company faces a fine of 5 million yuan, while the former chairman and other executives are fined between 250,000 and 30,000 yuan [4] Group 2: Financial Misconduct Details - From 2015 to 2018, the company invested in Shenzhen Huida Cheng Intelligent Technology Co., Ltd., which inflated revenue by 58.19 million yuan and profits by 46.70 million yuan in the 2018 annual report [3][4] - The company only corrected the financial data in January 2022 after discovering financial irregularities, which did not prevent regulatory penalties [4][6] Group 3: Impact on Company Operations - The stock's risk warning and name change will significantly affect market liquidity, investor sentiment, and stock price volatility, creating uncertainty around the company's share repurchase plan [5] - The company has initiated a share repurchase plan with a budget of 68.5 million to 137 million yuan, but the implementation may be affected by the new restrictions [5] Group 4: Future Compliance and Governance - The company plans to apply for the removal of the risk warning after meeting specific conditions, including the completion of financial restatements [6] - The board has apologized to investors and committed to improving internal governance and information disclosure quality [6][7] - The case underscores the regulatory body's zero-tolerance stance on financial fraud and emphasizes the importance of accurate financial reporting for sustainable development in the capital market [6][7]

Core Viewpoint - The regulatory penalties for financial fraud at Jing Shan Light Industry Machinery Co., Ltd. have been finalized, marking a significant consequence for the company due to false reporting in its 2018 annual report [1][2][3]. Group 1: Regulatory Actions - The company received an administrative penalty notice from the Hubei Securities Regulatory Bureau due to false records in its 2018 annual report, leading to a risk warning from the Shenzhen Stock Exchange [1][2]. - The company’s stock will be suspended for one day starting January 19 and will resume trading on January 20 under the new name "ST Jingji," with a trading limit of 5% [1][3]. - The company faces a fine of 5 million yuan, while key executives will also be penalized, including fines of 2.5 million yuan for the chairman and other executives [3]. Group 2: Financial Misconduct Details - From 2015 to 2018, the company invested in Shenzhen Huida Cheng Intelligent Technology Co., Ltd., which inflated revenue by 58.19 million yuan and costs by 9.61 million yuan through false contracts [2]. - The inflated profits amounted to 46.70 million yuan, representing 25.49% of the total profit disclosed for that period [2]. Group 3: Company Response and Future Outlook - The company has initiated a share buyback plan, intending to use between 68.5 million and 137 million yuan for this purpose, with partial completion reported by the end of 2025 [3][4]. - The company has committed to improving internal governance and enhancing the quality of information disclosure following the penalties [4][6]. - The implementation of the ST label indicates a one-year observation period to assess the effectiveness of the company's internal control reforms [6]. Group 4: Industry Implications - The case reflects a "zero tolerance" approach from regulators towards financial fraud, emphasizing the importance of truthful financial reporting in the capital market [5][6]. - The incident serves as a reminder of the long-term consequences of financial misconduct and the necessity for companies to adhere to strict governance and disclosure standards [5][6].

公告显示，1月16日，公司及相关责任人收到湖北证监局出具的《行政处罚事先告知书》。根据《行政 处罚事先告知书》认定的情况，公司披露的《2018年年度报告》存在虚假记载。根据《股票上市规则》 第9.8.1条规定："上市公司出现以下情形之一的，本所对其股票实施其他风险警示：（八）根据中国证 监会行政处罚事先告知书载明的事实，公司披露的年度报告财务指标存在虚假记载，但未触及本规则第 9.5.2条第一款规定情形，前述财务指标包括营业收入、利润总额、净利润、资产负债表中的资产或者负 债科目。"因此，公司股票将被实施其他风险警示，但不触及《股票上市规则》第九章第五节规定的重 大违法强制退市的情形。 （文章来源：北京商报） 北京商报讯1月17日，京山轻机（000821）披露公告称，公司股票将自1月19日起停牌1天，自1月20日起 复牌。公司股票将自1月20日起被实施其他风险警示，股票简称由"京山轻机"变更为"ST京机"；股票代 码不变，仍为"000821"；股票交易日涨跌幅限制为5%。 ...

公告显示，1月16日，公司及相关责任人收到湖北证监局出具的《行政处罚事先告知书》。根据《行政 处罚事先告知书》认定的情况，公司披露的《2018年年度报告》存在虚假记载。根据《股票上市规则》 第9.8.1条规定："上市公司出现以下情形之一的，本所对其股票实施其他风险警示：（八）根据中国证 监会行政处罚事先告知书载明的事实，公司披露的年度报告财务指标存在虚假记载，但未触及本规则第 9.5.2条第一款规定情形，前述财务指标包括营业收入、利润总额、净利润、资产负债表中的资产或者负 债科目。"因此，公司股票将被实施其他风险警示，但不触及《股票上市规则》第九章第五节规定的重 大违法强制退市的情形。 北京商报讯（记者 王蔓蕾）1月17日，京山轻机（000821）披露公告称，公司股票将自1月19日起停牌1 天，自1月20日起复牌。公司股票将自1月20日起被实施其他风险警示，股票简称由"京山轻机"变更 为"ST京机"；股票代码不变，仍为"000821"；股票交易日涨跌幅限制为5%。 ...

经过1年多的立案调查后，京山轻机（000821）涉嫌信息披露违法违规一案靴子落地，公司将被实施ST 风险警示。 1月16日晚间，京山轻机发布公告称，收到湖北证监局出具的《行政处罚事先告知书》。因公司披露的 《2018年年度报告》存在虚假记载，公司股票将被实施其他风险警示。公司股票将自1月19日开市起停 牌1天，自1月20日开市起复牌，并被实施其他风险警示，股票简称由"京山轻机"变更为"ST京机"，股票 交易日涨跌幅限制为5%。 2021年6月，京山轻机披露《京山轻机非公开发行股票发行情况报告书暨上市公告书》，引用了2018年 年度报告中存在虚假的财务数据。2022年1月，京山轻机发布《关于前期会计差错更正及追溯调整的公 告》，对2018年年度报告相关财务数据进行了追溯调整。 湖北证监局认定，京山轻机及相关当事人的行为涉嫌违反了证券法相关规定。拟决定对公司给予警告并 处以500万元的罚款，对相关负责人分别给予警告并处以总计780万元的罚款。 "就此次历史问题给所有投资者、合作伙伴及公众带来的困扰，公司管理层表示最诚恳的歉意。"京山轻 机有关负责人对上证报记者表示，上述处罚为追溯性程序完结，不涉及当前主营业务，对 ...

Core Viewpoint - JingShan Light Machine (000821) is facing a risk warning (ST) due to violations in information disclosure related to its 2018 annual report, following a year-long investigation by the Hubei Securities Regulatory Bureau [1][4]. Summary by Sections Company Announcement - On January 16, JingShan Light Machine announced it received an administrative penalty notice from the Hubei Securities Regulatory Bureau, leading to a risk warning for its stock [1][4]. - The stock will be suspended for one day starting January 19 and will resume trading on January 20 under the new name "ST JingJi," with a daily trading limit of 5% [1][4]. Background of Violations - The penalties stem from financial disclosure violations by its former subsidiary, HuiDaCheng, between 2016 and 2018 [5]. - HuiDaCheng and its wholly-owned subsidiary, JingShan JingHui Intelligent Technology Co., Ltd., inflated revenue by CNY 58.19 million and costs by CNY 9.60 million through false contracts, resulting in an inflated profit of CNY 46.70 million, which accounted for 25.49% of the total profit disclosed by JingShan Light Machine in 2018 [2][5]. Regulatory Findings - The Hubei Securities Regulatory Bureau determined that JingShan Light Machine and related parties violated securities laws, proposing a warning and a fine of CNY 5 million for the company and a total of CNY 7.8 million in fines for responsible individuals [2][6]. Company Response - The management expressed sincere apologies for the historical issues and stated that the penalties do not impact the current main business operations or financial status [3][6]. - The company has initiated a comprehensive internal control upgrade plan to prevent similar risks in the future, focusing on enhancing management and compliance culture [3][6]. - JingShan Light Machine's main business segments, including photovoltaic, packaging, and lithium battery intelligent equipment, are operating steadily, with a commitment to technological innovation and market expansion [3][6].

Core Viewpoint - The company, Jing Shan Light Machine, is facing administrative penalties from the Hubei Securities Regulatory Bureau due to violations related to false financial disclosures, leading to a significant adjustment in its stock status and potential fines for responsible individuals [1][4][7]. Group 1: Administrative Penalties - The company received an administrative penalty notice from the Hubei Securities Regulatory Bureau, indicating violations of securities laws related to false financial disclosures [1][4]. - The company is subject to a fine of 5 million yuan, while the former chairman and three other responsible individuals face fines ranging from 300,000 to 2.5 million yuan, totaling 12.8 million yuan [1][7]. - The company’s stock will be suspended for one day on January 19, 2026, and will resume trading on January 20, 2026, under a risk warning with a new stock abbreviation "ST Jingji" [1][8]. Group 2: Financial Misconduct Details - From 2015 to 2018, the company invested in its subsidiary, Shenzhen Huida Cheng Intelligent Technology Co., which engaged in fraudulent activities, including signing false contracts and recognizing unfulfilled contract revenues, resulting in inflated revenues of 58.19 million yuan and inflated profits of 46.70 million yuan, constituting 25.49% of the reported profit for 2018 [4][6]. - The company’s 2018 annual report contained false records, and subsequent documents referenced these inaccurate financial figures [4][5]. - Evidence of the misconduct includes criminal judgments, contracts, bank statements, and inquiry records, confirming the violations of the Securities Law [6].

京山轻机，深夜突发公告。 1月16日晚间，京山轻机（000821）公告称，公司及相关责任人于2026年1月16日收到湖北证监局出具的《行政处罚事先告知 书》。京山轻机2018年虚增利润总额4670.46万元，占公司当期披露利润总额的25.49%。2022年1月29日，公司对2018年年度报 告相关财务数据进行了追溯调整。湖北证监局拟对公司给予警告并处以500万元罚款。对李健、罗月雄、王建平、曾涛分别给予 警告并处以250万元、250万元、250万元和30万元罚款。根据规则，京山轻机披露的2018年年度报告存在虚假记载，深圳证券交 易所将对公司股票实施其他风险警示。 来源：京山轻机公告、e公司 MACD金叉信号形成，这些股涨势不错！ 公司股票将自2026年1月19日（下周一）起停牌1天，自2026年1月20日起复牌，并自当日开市起被实施其他风险警示，股票简称 由"京山轻机"变更为"ST京机"，日涨跌幅限制为5%。 ...

Core Viewpoint - The company Jing Shan Light Machine will be subjected to risk warnings and penalties due to inflated profits exceeding 46 million yuan, leading to a change in its stock name to "ST Jing Ji" starting January 20 [2][6]. Group 1: Financial Misconduct - Jing Shan Light Machine reported inflated profits of 46.70 million yuan in its 2018 annual report, which accounted for 25.49% of the total profit disclosed for that year [3][5]. - The inflation of revenue was achieved through false contracts and recognition of unfulfilled contracts by its subsidiary, Shenzhen Huida Cheng Intelligent Technology Co., Ltd., which inflated revenue by 58.19 million yuan and costs by 9.60 million yuan [5]. Group 2: Regulatory Actions - The Hubei Securities Regulatory Bureau issued a prior notice of administrative penalties, proposing a fine of 5 million yuan for the company and individual fines for responsible parties ranging from 30,000 to 250,000 yuan [5]. - The company will face a one-day trading suspension on January 19, 2026, and will resume trading on January 20 with a new stock name and a daily price limit adjustment to 5% [6]. Group 3: Company Response - The board of Jing Shan Light Machine has apologized to investors and committed to enhancing internal control measures and supervision to prevent future misconduct [6].

Core Viewpoint - Jing Shan Light Machine will be subject to risk warning and its stock will be renamed to "ST Jing Ji" due to inflated profits exceeding 46 million yuan, as confirmed by the China Securities Regulatory Commission [1][3][6] Group 1: Financial Misconduct - Jing Shan Light Machine's 2018 annual report was found to contain false records, leading to administrative penalties [3][5] - The company inflated its profits by 46.7 million yuan, which accounted for 25.49% of the total profit disclosed for that year [5] - The inflated revenue was achieved through false contracts and unfulfilled agreements by its subsidiary, Hui Da Cheng Intelligent Technology [5] Group 2: Regulatory Actions - The Hubei Securities Regulatory Bureau plans to issue a warning and impose a fine of 5 million yuan on the company [5] - Key individuals involved will also face penalties, with fines ranging from 30,000 to 250,000 yuan [5] - The stock will be suspended for one day on January 19 and will resume trading on January 20 with a new risk warning [5][6] Group 3: Company Response - The board of Jing Shan Light Machine has apologized to investors and committed to enhancing internal control measures [6] - The company aims to improve its internal supervision mechanisms to prevent future misconduct [6]