【#得润电子两年半虚构回款超5亿元#】#得润电子及相关责任人被罚2000万#据得润电子最新公告，该 公司被查明财务造假，两年半时间里虚构回款累计超5亿元，导致其多份财报存在虚假记载。最终，公 司及相关责任人被罚没逾2000万。 根据安排，得润电子将自1月6日开市起实施其他风险警示，股票简称变更为ST得润，股票交易日涨跌 幅限制为5%。公司股票将自2026年1月5日（星期一）开市起停牌1天，自2026年1月6日（星期二）开市 起复牌。 （证券时报、第一财经） 证券代码:002055 证券简称:得润电子 公告编号:2025-089 深圳市得润电子股份有限公司 关于公司及相关当事人收到《行政处罚事先告知书》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、准确和完整,不存在虚假记载、误导 性陈述或重大遗漏。 深圳市得润电子股份有限公司(以下简称"公司")及实际控制人之一邱建民先生于 2024年 12 月 25 日分别收到中国证券监督管理委员会(以下简称"中国证监会")下发的《立案告知书》 (编号:证监立案字 007202444 号、编号:证监立案字 007202445 号),因涉嫌信息披露违法违规, 根据《中华 ...

Group 1 - The core point of the article is that Derun Electronics has been found guilty of financial fraud, with over 500 million yuan in fictitious receivables over a period of two and a half years, leading to multiple financial reports containing false records [2][4] - Derun Electronics will be subject to risk warnings starting January 6, with its stock name changed to ST Derun, and related parties have been fined over 20 million yuan [2][3] - In 2025, more than 80 A-share companies and over 200 related individuals were investigated for violations, with around 40% being ST companies, indicating a trend of stricter regulatory oversight in the capital market [2][3] Group 2 - The article highlights that several A-share companies have been investigated for financial fraud, with significant penalties imposed, including ST Dongtong and ST Tiansheng, which were found to have inflated revenues and profits over multiple years [4][5] - A total of 29 A-share companies were delisted in 2025, with some facing mandatory delisting due to serious violations, such as ST Suwu, which was found to have inflated revenues by 1.772 billion yuan and profits by 75.9975 million yuan [6][7] - The regulatory environment is described as having a "zero tolerance" approach, with ongoing efforts to enhance market supervision and improve the delisting system to maintain a balanced and healthy capital market [8][9] Group 3 - The article discusses the need for improved governance and the use of technology to more accurately target illegal activities, emphasizing the importance of intermediary institutions in preventing misconduct during the listing process [10][11] - It is suggested that a reputation mechanism for intermediary institutions should be established to increase the costs associated with collusion with listed companies [11]

得润电子作为国内电子连接器领域的龙头企业，主营电子连接器与精密组件的研发、制造及销售，产品 应用于家用电器、计算机及外围设备、通信、智能汽车、新能源汽车等多个重要领域，主要产品涵盖家 电连接器及线束、电脑连接器、通信连接器、LED连接器、汽车连接器及线束、电池连接系统(CCS) 等，与众多国内外头部客户达成深度合作，具有良好的市场竞争优势，为公司业绩持续增长提供了核心 支撑。 2025年12月31日，得润电子（002055）公告：公司及相关责任人收到中国证监会下发的《行政处罚事先 告知书》。本次调查针对公司前期信息披露相关事项，经监管核查审理，处罚结果初步出具。公司已全 面完成自查整改、会计差错更正等工作，相关历史合规风险已全部闭环，不触及退市风险警示情形，不 会对公司正常生产经营及持续经营能力产生实质性影响。 本次处罚结果落地标志着得润电子历时逾一年的立案调查风险将逐步出清，相关历史遗留问题得到解 决，为公司聚焦核心主业、深耕高速传输连接器赛道扫清了发展障碍，公司经营发展正式迈入轻装上 阵、提质增效的全新阶段。(文穗) 据悉，公司在配合调查期间，始终聚焦核心主业，经营基本面持续向好。公司2025年前三季度实 ...

受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 2025年12月31日晚间，得润电子（维权）发布关于公司及相关当事人收到《行政处罚事先告知书》的公 告。公告显示：深圳市得润电子股份有限公司及实际控制人之一邱建民先生于2024年12月25日分别收到 中国证券监督管理委员会下发的《立案告知书》（编号：证监立案字007202444号、编号：证监立案字 007202445号），2025年12月31日，公司及相关当事人收到中国证券监督管理委员会深圳监管局出具的 《行政处罚事先告知书》（〔2025〕25号）。 根据深圳证监局下达的行政处罚事先告知书显示，得润电子涉及的主要违规为：一是2020年至2021年， 因得润电子主要客户等经营困难，无法偿还欠款，致使公司现金流紧张，得润电子实际控制人、时任董 事长、总裁邱建民通过自有资金、对外借款等方式，向得润电子客户、原子公司、设备供应商等提供资 金支持，用于前述主体向得润电子归还历史欠款。邱建民未向得润电子报告上 ...

Group 1 - A total of 36 stocks will be unlocked next week, with a combined market value exceeding 160 billion yuan [1][2] - Among the unlocked stocks, 16 have a market value exceeding 1 billion yuan, with Baili Tianheng, Guolian Minsheng, and Jianshe Industrial exceeding 10 billion yuan [2] - Baili Tianheng has the highest unlock market value at 96.319 billion yuan, with 298.1 million shares being unlocked, accounting for 72.2% of the total share capital [2][5] Group 2 - Guolian Minsheng has an unlock market value of 18.008 billion yuan, with 1.771 billion shares being unlocked, involving 43 shareholders [2][3] - Jianshe Industrial has an unlock market value of 16.895 billion yuan, with 629.9 million shares being unlocked, accounting for 60.98% of the total share capital [3][5] - Six stocks have an unlock ratio exceeding 30%, including Baili Tianheng and Jianshe Industrial [6]

Core Viewpoint - The article highlights that a total of 36 stocks will be unlocked next week, with a total unlock market value exceeding 160 billion yuan, indicating significant market activity and potential investment opportunities [4][5]. Summary by Sections Unlocking Stocks Overview - Next week, from January 5 to January 9, 36 stocks will be unlocked, with a total unlock market value exceeding 160 billion yuan [4][5]. - The total number of shares unlocked is over 4.3 billion [5]. Major Stocks with High Unlock Value - 16 stocks have an unlock market value exceeding 1 billion yuan, with three stocks surpassing 10 billion yuan: Baili Tianheng, Guolian Minsheng, and Jianshe Industrial [5]. - Baili Tianheng has the highest unlock market value at 96.319 billion yuan, with 29.81 million shares unlocked, accounting for 72.2% of the total share capital [7]. - Guolian Minsheng's unlock market value is 18.008 billion yuan, with 1.777 billion shares unlocked, involving 43 shareholders [7]. - Jianshe Industrial has an unlock market value of 16.895 billion yuan, with 629.943 million shares unlocked, representing 60.98% of its total share capital [7]. Significant Unlock Ratios - Six stocks have an unlock ratio exceeding 30% of their total share capital, including Baili Tianheng, Jianshe Industrial, Zhongyi Technology, Huangshan Gujie, Yuandao Communication, and Guolian Minsheng [9]. - Huangshan Gujie has 2.8878 million shares unlocked on January 5, accounting for 36.1% of its total share capital, focusing on power semiconductor module heat dissipation products for the new energy vehicle sector [9].

Core Viewpoint - The company, Derun Electronics, is facing significant regulatory penalties and governance issues due to major violations in information disclosure, leading to a systematic risk exposure for over 75,000 shareholders [1][2][5]. Group 1: Regulatory Actions and Financial Misconduct - Derun Electronics has been placed under other risk warnings and will be renamed "ST Derun" starting January 6, 2026, following a notice from the Shenzhen Securities Regulatory Commission due to serious information disclosure violations [1]. - The company inflated its assets and profits by fabricating customer payments and concealing actual financial support from its controlling shareholder, resulting in fictitious receivables of CNY 395 million and CNY 113 million for 2020 and 2021, respectively [2]. - The company has been fined CNY 7 million, while the controlling shareholder, Qiu Jianmin, faces a personal fine of CNY 12 million and a five-year market ban, significantly limiting his influence over the company [2]. Group 2: Shareholder and Governance Impact - The controlling shareholder's stake has drastically decreased to 5.68% due to forced sales from debt defaults, raising concerns about potential changes in control and governance [3]. - The recent changes in shareholding structure, with new shareholders being individuals with undisclosed backgrounds, may challenge the existing board if they form a united front [3]. - The company has 75,253 ordinary shareholders, predominantly small investors, who lack the information and tools to mitigate risks, now facing the consequences of governance failures [5][6]. Group 3: Financial Performance and Market Reactions - Derun Electronics reported a net loss of CNY 1.225 billion for the year 2024, a decline of over 500%, with a further revenue drop of 15.70% in the first three quarters of 2025 [5]. - The transition to "ST Derun" will limit the company's refinancing capabilities and affect bank credit, further eroding confidence among customers and suppliers [5]. - The governance crisis exacerbates existing pressures from increased competition and declining profit margins in the automotive electronics and charging module sectors [5][6].

Core Viewpoint - The company, Derun Electronics, has been penalized for financial fraud involving over 500 million yuan in fictitious receivables, leading to significant fines and regulatory actions [1][4][12]. Group 1: Regulatory Actions and Penalties - On December 31, 2025, Derun Electronics received an administrative penalty notice from the Shenzhen Securities Regulatory Bureau due to years of financial fraud [1]. - The total fines amount to 22.5 million yuan, with the actual controller, Qiu Jianmin, facing a five-year ban from the securities market [4][12]. - The company's stock will be suspended for one day on January 5, 2026, and will resume trading on January 6, 2026, under the new name "ST Derun," with a trading limit of 5% [4][14]. Group 2: Details of Financial Fraud - The fraud was orchestrated by Qiu Jianmin, who implemented a systematic scheme to fabricate receivables during 2020 and 2021, resulting in fictitious receivables of 395 million yuan and 113 million yuan, respectively [9]. - In 2022, the fraudulent activities became more complex, with Qiu directing a subsidiary to provide funds under the guise of "prepaid goods," leading to further fictitious receivables of 26.83 million yuan [9][10]. - The fraudulent activities resulted in false records in the annual reports for 2020 and 2021, as well as the semi-annual report for 2022 [10]. Group 3: Financial Performance and Control Issues - Derun Electronics reported a net loss of 1.225 billion yuan in 2024, marking a decline of over 500% year-on-year, primarily due to losing control over a significant subsidiary, Meta [17]. - The company has faced six consecutive years of net losses, totaling nearly 3.2 billion yuan from 2019 to 2024 [17]. - In the first three quarters of 2025, the company achieved revenue of 3.267 billion yuan, a decrease of 15.7% year-on-year, but net profit improved by 157.68% to 72.53 million yuan [19]. - The controlling shareholder's shares are under judicial auction, reducing their stake to 5.68%, raising concerns about potential changes in control [19]. Group 4: Company Overview - Derun Electronics, established in 1989 and listed in 2006, specializes in the research, manufacturing, and sales of electronic connectors and precision components, serving various industries including home appliances and electric vehicles [16].

Core Viewpoint - Derun Electronics has been penalized for financial fraud, leading to a significant fine and a change in stock status to "ST Derun" due to continuous financial misreporting [1][7][8]. Group 1: Financial Fraud Details - Derun Electronics was found to have fabricated over 500 million yuan in receivables, orchestrated by its actual controller, Qiu Jianmin, resulting in a total fine of 22.5 million yuan [1][4]. - The fraudulent activities included creating fictitious receivables of 395 million yuan in 2020 and 113 million yuan in 2021, along with underreporting credit impairment losses and capital reserves [4][5]. - In 2022, the fraud escalated with Qiu Jianmin directing a subsidiary to provide funds to joint ventures under the guise of "prepaid goods," leading to further fictitious reporting [4][5]. Group 2: Regulatory Actions and Stock Status - The Shenzhen Securities Regulatory Commission issued a warning and fines to both Derun Electronics and Qiu Jianmin, with the company facing a 700 million yuan fine and Qiu facing a total of 1.2 million yuan in penalties [7][8]. - Derun Electronics' stock will be suspended for one day on January 5, 2026, and will resume trading on January 6, 2026, under the new designation "ST Derun," with a trading limit of 5% [1][8]. Group 3: Company Performance and Control Risks - Derun Electronics has reported a net loss of 1.225 billion yuan in 2024, marking a decline of over 500%, largely due to losing control over a key subsidiary, Meta [10][11]. - The company has faced continuous net losses for six years, totaling nearly 3.2 billion yuan, with revenue declining by 15.7% in the first three quarters of 2025 [10][11]. - The controlling shareholder's shares are under judicial auction due to debt issues, reducing their stake to 5.68%, raising concerns about potential changes in control [11].

Core Viewpoint - Derun Electronics has been penalized for financial fraud, leading to a significant fine and a change in stock status to "ST Derun" due to serious violations of information disclosure regulations [2][5][12]. Group 1: Financial Fraud Details - The financial fraud orchestrated by the actual controller, Qiu Jianmin, involved fabricating over 500 million yuan in receivables, resulting in a total fine of 22.5 million yuan [5][12]. - From 2020 to 2021, due to cash flow issues caused by major clients' operational difficulties, Qiu Jianmin implemented unconventional methods to create fictitious receivables of 395 million yuan and 113 million yuan, respectively [9][10]. - In 2022, the fraudulent activities became more complex, with the company fabricating receivables of 26.83 million yuan in its semi-annual report [10]. Group 2: Regulatory Actions and Penalties - The Shenzhen Securities Regulatory Commission issued a warning and imposed a fine of 7 million yuan on Derun Electronics, while Qiu Jianmin received a total fine of 12 million yuan and a five-year market ban [12][13]. - The company will face a one-day trading suspension on January 5, 2026, and will resume trading on January 6, 2026, under the new stock name "ST Derun" with a trading limit of 5% [5][14]. Group 3: Company Performance and Challenges - Derun Electronics reported a net loss of 1.225 billion yuan in 2024, marking a decline of over 500% year-on-year, primarily due to losing control over a significant subsidiary, Meta [15][18]. - In the first three quarters of 2025, the company experienced a revenue decline of 15.7% to 3.267 billion yuan, but net profit improved by 157.68% to 72.53 million yuan [18]. - The company's controlling shareholder, Shenzhen Desheng Asset Management Co., has seen its shareholding drop to 5.68% due to ongoing judicial auctions, raising concerns about potential changes in control [18]. Group 4: Market Position and Future Outlook - As of December 31, 2025, Derun Electronics' stock closed at 6.74 yuan per share, with a total market capitalization of 4.074 billion yuan [19]. - The company has indicated that it will apply to lift the risk warning after 12 months following the administrative penalty decision, emphasizing that the situation does not trigger mandatory delisting [14].