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*ST高鸿严重财务造假被重罚
Jin Rong Shi Bao· 2025-08-12 01:01
Core Viewpoint - The regulatory authority has imposed severe penalties on *ST Gaohong (000851) for engaging in financial fraud over nine years, inflating revenues by nearly 20 billion yuan, reflecting a zero-tolerance stance towards securities violations [1][4]. Group 1: Financial Fraud Details - From 2015 to 2023, *ST Gaohong inflated its revenue by approximately 19.8 billion yuan and profits by over 76.2 million yuan through fictitious trade activities [2][3]. - The fraudulent activities involved a closed-loop system where suppliers and customers were orchestrated by Jiang Qing, with no actual goods being exchanged [2]. - The company also misused inflated financial statements to raise funds, constituting fraudulent issuance during its non-public stock offering in 2020, which raised 1.25 billion yuan [3]. Group 2: Regulatory Actions - The China Securities Regulatory Commission (CSRC) plans to impose a fine of 135 million yuan on *ST Gaohong and an additional 26.75 million yuan on nine involved executives, including a 7.5 million yuan fine and a 10-year market ban for the chairman [4]. - Jiang Qing, the actual controller of Nanjing Qingya, will also face a 7 million yuan fine and a 10-year market ban for his role in the fraudulent activities [4]. - The company has issued a risk warning regarding the potential for mandatory delisting due to serious violations, including fraudulent issuance and false reporting in annual reports [4][5]. Group 3: Industry Implications - The crackdown on financial fraud is part of a broader regulatory effort to maintain market integrity and protect investors, with an increasing number of companies and individuals facing criminal charges for similar offenses [6][7]. - The regulatory environment has become more stringent, with a focus on creating a comprehensive deterrent system against financial misconduct, enhancing the overall standard of the capital market [7].
这家公司连续9年财务造假!虚增收入近200亿!或被强退!
IPO日报· 2025-08-11 10:53
Core Viewpoint - *ST Gaohong has been implicated in a massive financial fraud spanning nine years, leading to a significant drop in stock price and potential delisting due to major violations of regulations [2][7][9]. Financial Fraud Details - The company inflated its revenue by nearly 20 billion yuan through fictitious trade activities from 2015 to 2023, with total inflated revenue amounting to 19.876 billion yuan and inflated profit totaling 76.2259 million yuan [4][6]. - Specific years of inflated revenue include: - 2015: 6.94 million yuan (9.34%) - 2016: 24.52 million yuan (28.27%) - 2017: 24.20 million yuan (26.97%) - 2018: 32.59 million yuan (35.18%) - 2019: 56.34 million yuan (49.38%) - 2020: 24.83 million yuan (35.38%) - 2021: 18.05 million yuan (21.11%) - 2022: 7.35 million yuan (10.72%) - 2023: 3.94 million yuan (6.65%) [5][6]. Regulatory Actions - The company received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) for fraudulent issuance of stocks in 2020, which involved false data from 2018 to 2020 [2][6]. - Due to the ongoing investigations and findings, *ST Gaohong's stock has been marked with a "ST" label, indicating it is under special treatment due to financial irregularities [8][9]. Audit Opinions - The company has faced consecutive years of adverse audit opinions from different accounting firms, indicating significant issues with its financial reporting and internal controls [8]. - The 2023 audit report highlighted uncertainties regarding the company's ability to continue as a going concern [8]. Industry Context - Since 2025, a total of 24 companies have been delisted, with several facing similar financial misconduct issues, indicating a broader trend of regulatory scrutiny in the market [10]. - Other companies currently under investigation for major violations include *ST Suwu, *ST Zitian, and others, reflecting systemic issues within the industry [11].
*ST高鸿现6笔大宗交易 合计成交280.16万股
| 成交 量 | 成交 金额 | 成交价 | 相对当 日 | | | | --- | --- | --- | --- | --- | --- | | | | 格 | 收盘折 | 买方营业部 | 卖方营业部 | | (万 | (万 | (元) | 溢价 | | | | 股) | 元) | | (%) | | | | 50.00 | 105.00 | 2.10 | 0.00 | 东海证券股份有限公司南京分公司 | 兴业证券股份有限公司深圳分公 | | | | | | | 司 | | 49.99 | 104.98 | 2.10 | 0.00 | 德邦证券股份有限公司常州太湖东路证 | 海通证券股份有限公司烟台解放 | | | | | | 券营业部 | 路证券营业部 | | 45.82 | 96.22 | 2.10 | 0.00 | 广发证券股份有限公司广州中山三路中 | 华福证券有限责任公司青岛分公 | | | | | | 华广场证券营业部 | 司 | | 45.81 | 96.20 | 2.10 | 0.00 | 广发证券股份有限公司广州中山三路中 | 华福证券有限责任公司青岛分公 | | | | | | 华广场 ...
这家公司连续9年财务造假!虚增收入近200亿!或被强退!
Guo Ji Jin Rong Bao· 2025-08-11 10:28
日前,大唐高鸿网络股份有限公司(以下简称"*ST高鸿",000851)发布公告称,公司收到了中国证监会下发的《行政 处罚事先告知书》,公司2020年非公开发行股票构成欺诈发行、2015年至2023年年度报告存在虚假记载,将触及相关规 定的重大违法强制退市情形,可能被实施重大违法强制退市。 制图:佘诗婕 虚增营业收入近200亿 具体来看,*ST高鸿通过参与、组织开展虚假贸易业务的方式虚增收入和利润,2015年至2023年年度报告存在虚假记 载。 2015年至2021年,*ST高鸿通过子公司北京大唐高鸿科技发展有限公司参与南京庆亚贸易有限公司实际控制人江庆组 织开展的笔记本电脑虚假贸易业务。该业务供应商和客户均由江庆联系撮合,业务资金、合同、物流单据流转形成闭 环,无实际货物流转,相关交易不具有商业实质。 8月11日,*ST高鸿不出意料地开盘即跌停,股价收报2.1元。 这或许是因为公司被爆出长达9年的巨额财务造假。 据悉,*ST高鸿成立于1994年,目前主营智能网联生态、政企数智化、信息安全与国产化IT产品等领域产品提供、技 术开发和集成服务。 IPO日报发现,早在被披露财务造假前,上市公司已经连续两年被会计师事 ...
*ST高鸿(000851) - 关于独立董事辞职的公告
2025-08-11 09:45
证券代码:000851 证券简称:*ST 高鸿 公告编号:2025-088 特此公告。 大唐高鸿网络股份有限公司董事会 2025 年 08 月 11 日 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。 本公司及董事会全体成员保证公告内容的真实、准确和完整,不存在虚假 记载、误导性陈述或者重大遗漏。 大唐高鸿网络股份有限公司(以下简称"公司")董事会于 2025 年 8 月 11 日收到公司独立董事万岩女士的书面辞职报告,独立董事万岩女士因个人原因, 辞去公司第十届董事会独立董事及董事会战略委员会、董事会薪酬与考核委员会, 辞职后,万岩女士不在公司担任任何职务。 万岩女士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、相 关董事会专门委员会中独立董事未超半数,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 号一一主板上市公司规范运作》等 法律法规的要求以及《公司章程》的规定,万岩女士的辞职报告将在公司股东大 会选举产生新任独立董事后生效。在此期间,万岩女士仍将按照有关法律法规和 《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。公司 截至本公告披露日,万 ...
*ST高鸿今日大宗交易平价成交280.16万股,成交额588.34万元
Xin Lang Cai Jing· 2025-08-11 09:06
8月11日,*ST高鸿大宗交易成交280.16万股,成交额588.34万元,占当日总成交额的55.25%,成交价2.1 元,较市场收盘价2.1元持平。 | 交易日期 | 证券代码 | 证券简称 | | 成交价格 成交量 | 成交全额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | (元) (万股/万份) (万元) | | | | | 2025-08-11 | 000851 | *ST高鸡 | 2.10 | 49.99 | 104.98 | 德邦证券股份有限 | 海通证券股份有限 | | | | | | | | 公司常州太湖东路 | 公司烟台解放路证 | | | | | | | | 证券营业部 | 养营业部 | | 2025-08-11 | 000851 | *ST高鸡 | 2.10 | 50.00 | 105.00 | 东海证券股份有限 | 兴业证券股份有限 | | | | | | | | 公司南京分公司 | 公司深圳分公司 | | 2025-08-11 | 000851 | *ST高鸡 | 2.10 ...
A股异动丨ST高鸿一字跌停 财务造假近200亿 可能被实施重大违法强制退市
Ge Long Hui A P P· 2025-08-11 07:01
Group 1 - Company *ST Gao Hong (000851.SZ) has been placed under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, leading to a trading halt with shares dropping to 2.1 yuan and over 4 million shares on hold [1] - The CSRC's notice indicates that the company engaged in fraudulent issuance of shares during its non-public offering in 2020, and its annual reports from 2015 to 2023 contain false records, potentially leading to mandatory delisting [1] - Investigations revealed that *ST Gao Hong inflated its revenue and profits through fictitious trade activities, resulting in a total inflated revenue of 19.876 billion yuan and inflated profit of 76.2259 million yuan from 2015 to 2023 [1] Group 2 - The CSRC plans to impose a fine of 160 million yuan on the responsible parties and an additional 7 million yuan on third parties involved in the fraudulent activities [1]
四只*ST股面临退市
Shen Zhen Shang Bao· 2025-08-11 00:45
Group 1 - Several A-share listed companies are facing delisting risks due to suspected financial fraud or information disclosure violations, with *ST Zitian, *ST Suwu, *ST Tianmao, and *ST Gaohong being the focus of investor attention [1] - *ST Gaohong has been subjected to mandatory delisting procedures by the Shenzhen Stock Exchange due to serious financial fraud and has incurred an administrative fine of 160 million yuan [1] - *ST Tianmao announced its intention to voluntarily withdraw its A-shares from trading on the Shenzhen Stock Exchange through a shareholders' meeting resolution [1] Group 2 - A total of 23 companies have been delisted from the A-share market this year, primarily due to financial-related delisting, trading-related delisting, major illegal mandatory delisting, and voluntary delisting [2] - Companies such as Zhonghang Chanyin and Yulong Co. are categorized as voluntary delisting, while companies like Tuishe Zhuolang and Tuishe Jinguang are classified under major illegal mandatory delisting [2] - Several companies, including *ST Furun, *ST Dongfang, *ST Xulan, *ST Jiayu, and *ST Jiyuan, have been delisted due to stock prices falling below par value [2]
8点1氪:中公教育17000元退款需17年退完;鹤岗过去5年房价涨超800元;证监会开出1.6亿元罚单
36氪· 2025-08-11 00:00
Group 1 - The article discusses the refund policy of Zhonggong Education, which states that if a student fails the exam, they are entitled to a refund of 17,000 yuan, but in reality, they can only receive 1,000 yuan per year, meaning it would take 17 years to get the full refund [5][6] - The staff at Zhonggong Education confirmed the refund conditions and attributed them to issues with the company's cash flow [5][6] - The article highlights a case where a student, Liu, spent over 20,000 yuan on a training program and faced difficulties in obtaining her refund [5][6] Group 2 - Kewei Medical announced plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy and brand recognition [3] - Shuangdeng Group has passed the listing hearing at the Hong Kong Stock Exchange, with joint sponsors including CICC, Huatai International, and Jianyin International [4] Group 3 - The China Securities Regulatory Commission (CSRC) has imposed a fine of 160 million yuan on *ST Gaohong for serious financial fraud, with the company facing potential delisting due to major violations [7] - Crocs, the manufacturer of "Croc" shoes, reported a projected revenue decline for Q3, leading to a nearly 30% drop in stock price, attributed to cautious consumer spending and rising costs from U.S. tariffs [8][8] Group 4 - The article mentions that the average price of new commercial housing in Hegang has increased from 3,046 yuan per square meter to 3,860 yuan over the past five years, with a significant rise in the number of properties sold to non-local buyers [6] - The report indicates that 512 million people have participated in subsidized vocational skills training in China this year, reflecting a government initiative to enhance the supply of skilled labor [12]
8点1氪|中公教育17000元退款需17年退完;鹤岗过去5年房价涨超800元;证监会开出1.6亿元罚单
3 6 Ke· 2025-08-10 23:57
Group 1: Company Announcements - Kewei Medical plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy and brand image [1] - Shuangdeng Group has passed the listing hearing on the Hong Kong Stock Exchange, with joint sponsors including CICC, Huatai International, and Jianyin International [2] Group 2: Financial Issues and Consumer Concerns - Zhonggong Education faces criticism for a refund policy that could take 17 years to process, attributed to financial chain issues [3] - ST Gaohong is under investigation for serious financial fraud, with a proposed fine of 160 million yuan and potential delisting risks [4] - Crocs' stock plummeted nearly 30% after announcing expected revenue declines due to cautious consumer spending and increased tariffs, with an estimated additional cost of $40 million in the second half of the year [5] Group 3: Real Estate Trends - In Hegang, the average price of new commercial housing has risen from 3046 yuan/m² to 3860 yuan/m² over five years, with a significant increase in transactions from 1134 units in 2019 to 5680 units in 2024 [4] Group 4: Market Insights - A survey indicates that only about one-third of large Japanese companies expect economic growth due to uncertainties from U.S. tariffs, a significant drop from 70% earlier in the year [9][10] - The U.S. government’s tax credit for electric vehicles is set to end, leading to a surge in electric vehicle sales, which reached a record 9.1% of total passenger car sales in July [11]