Group 1 - SMIC announced the termination of the sale of its stake in SMIC Ningbo due to failure to reach an agreement within the expected timeframe, retaining a 14.832% stake post-termination, with no significant impact on financial status [2] - Chaozhuo Aerospace's actual controller will change to Hubei State-owned Assets Supervision and Administration Commission, with stock resuming trading on December 1 [2] - ST Lifan faces potential forced delisting due to false disclosures in its 2021-2023 annual reports, with a total false revenue of 592 million yuan, representing 50.91% of the reported revenue for those years [3] Group 2 - Lijun Holdings' subsidiary signed a contract worth approximately 57.6 million USD for high-pressure roller mills, accounting for 52.53% of the audited consolidated revenue for 2024, expected to positively impact future performance [3] - Sanjiang Shopping's second-largest shareholder, Alibaba Zeta, reduced its stake by 5.4768 million shares, decreasing its holding from 30% to 29% [4] - Tianfeng Securities is under investigation by the CSRC for suspected information disclosure violations and illegal financing [5] Group 3 - China Jushi's major shareholder, Zhenstone Group, plans to increase its stake by no less than 550 million yuan and no more than 1.1 billion yuan [6] - Helun Zhe's major shareholder received a notice of investigation for suspected information disclosure violations, which does not affect the company's operations [7] - Yongtai Energy's actual controller also received a notice of investigation for similar violations, with no impact on the company's operations [8] Group 4 - Wuhantian Source's major shareholder, Konka Group, plans to transfer 9.83% of its shares to China Resources Asset Management [9] - Pinggao Electric won a bid for a State Grid project worth approximately 773 million yuan [9] - Zhejiang Longsheng is collaborating with a private equity fund to establish a venture capital partnership [9]

中国证监会11月28日宣布，对上市公司立方数科股份有限公司（立方数科）涉嫌定期报告财务数据存在 虚假记载作出行政处罚及市场禁入事先告知。 证监会表示，决定对本案所涉会计师事务所执业行为正式立案调查，涉嫌未能勤勉尽责的将依法严惩。 对于相关违法行为可能涉及的证券犯罪问题线索，证监会将坚持应移尽移的工作原则，依法依规移送公 安机关。（记者刘慧、刘羽佳） 证监会信息显示，经查，2021年至2023年，立方数科通过开展代理业务、融资性贸易、虚假贸易等方 式，累计虚增收入6.38亿元、成本6.28亿元。其中，2021年收入、成本分别虚增2.80亿元、2.77亿元， 2022年收入、成本分别虚增3.12亿元、3.05亿元，2023年收入、成本分别虚增0.46亿元、0.45亿元。立方 数科连续三年虚增收入和成本，严重违反证券法律法规，安徽证监局拟对立方数科处以1000万元罚款， 对汪逸等10名责任人合计罚款3000万元。立方数科涉嫌触及重大违法强制退市情形，深交所将依法启动 退市程序。 【纠错】 【责任编辑:谷玥】 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued administrative penalties and market bans against Lifan Shuke Co., Ltd. for falsifying financial data in its periodic reports, marking a significant step in the crackdown on financial fraud in the capital market [1][3][6]. Summary by Sections Administrative Penalties - Lifan Shuke has been found to have inflated its revenue and costs for three consecutive years, violating securities laws. The CSRC plans to impose a fine of 10 million yuan on the company and a total of 30 million yuan on 10 responsible individuals [1][3]. Financial Data Manipulation - From 2021 to 2023, Lifan Shuke inflated its revenue by a total of 638 million yuan and costs by 628 million yuan through various fraudulent activities. The breakdown includes 280 million yuan in revenue and 277 million yuan in costs for 2021, 312 million yuan in revenue and 305 million yuan in costs for 2022, and 46 million yuan in revenue and 45 million yuan in costs for 2023 [3][4]. Regulatory Response - The CSRC has initiated an investigation into Zhongxing Caiguanghua Accounting Firm for failing to perform due diligence, indicating a shift towards holding intermediary institutions accountable alongside companies committing fraud [2][4]. Broader Implications - This case represents a growing trend in the capital market, with Lifan Shuke being the 14th company this year facing potential delisting due to serious violations. The increase in such cases is attributed to stricter regulations and a zero-tolerance policy towards financial fraud [6][7]. Systematic Approach to Fraud - The regulatory framework now includes a combination of administrative penalties, market bans, criminal referrals, delisting procedures, and accountability for intermediaries, creating a comprehensive deterrent against financial fraud [2][7]. Recommendations for Improvement - Experts suggest enhancing the accountability of intermediary institutions and establishing a more robust mechanism for investor compensation, as well as improving the connection between administrative enforcement and criminal justice to strengthen deterrence against financial fraud [5][7].

11月28日，据"证监会发布"微信公众号消息，近日，证监会对上市公司立方数科股份有限公司（简称立 方数科）涉嫌定期报告财务数据存在虚假记载作出行政处罚及市场禁入事先告知。 11月28日盘后，立方数科也发布公告称，公司及相关人员于11月28日收到安徽证监局下达的《行政处罚 及市场禁入事先告知书》。 来源：微信公众号"证监会发布" 证监会指出，立方数科连续三年虚增收入和成本，严重违反证券法律法规，安徽证监局拟对立方数科处 以1000万元罚款，对汪逸等10名责任人合计罚款3000万元。立方数科涉嫌触及重大违法强制退市情形， 深交所将依法启动退市程序。 同时，证监会决定，对本案所涉会计师事务所执业行为正式立案调查，涉嫌未能勤勉尽责的将依法严 惩。对于相关违法行为可能涉及的证券犯罪问题线索，证监会将坚持应移尽移的工作原则，依法依规移 送公安机关。 立方数科表示，截至上述公告披露日，公司尚未收到就上述立案调查事项的正式处罚决定，公司将全力 配合中国证监会的相关工作，并严格按照相关要求履行信息披露义务。 立方数科称，如根据正式的行政处罚决定书结论，公司触及重大违法强制退市情形，公司股票将被终止 上市。 （文章来源：南方都市 ...

公开资料显示，立方数科主要业务包括智能软硬件业务板块、数字化智能服务板块。 2025年前三季度，立方数科实现营收2.03亿元，同比下降0.44%；归属于上市公司股东的净利润-6220.9 万元，同比下降20.59%。 11月28日，立方数科收跌5.62%，本周累跌30%，总市值21.6亿元。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 11月28日，据证监会网站消息，近日，证监会对上市公司立方数科股份有限公司(简称立方数科)涉嫌定 期报告财务数据存在虚假记载作出行政处罚及市场禁入事先告知。 经查，2021年至2023年，立方数科通过开展代理业务、融资性贸易、虚假贸易等方式，累计虚增收入 6.38亿元、成本6.28亿元。立方数科严重违反证券法律法规，安徽证监局拟对立方数科处以1000万元罚 款，对汪逸等10名责任人合计罚款3000万元。对汪逸、俞珂白、项良宝采取10年证券市场禁入措施。 立方数科涉嫌触及重大违法强制退市情形，深交所将依法启动退市程序。同时，证监会决定对本案所涉 会计师事务所执业行为正式立案调查，涉嫌未能勤勉尽责的将依法严惩。 立方数科11月28日也发布公告称，公司当日 ...

据"证监会发布"11月28日消息，安徽证监局严肃查处立方数科严重财务造假案件。 以下为原文： 近日，证监会对上市公司立方数科股份有限公司（简称立方数科）涉嫌定期报告财务数据存在虚假记载作出行政处罚及市场禁入事 先告知。 经查，2021年至2023年，立方数科通过开展代理业务、融资性贸易、虚假贸易等方式，累计虚增收入6.38亿元、成本6.28亿元。其 中，2021年收入、成本分别虚增2.80亿元、2.77亿元，2022年收入、成本分别虚增3.12亿元、3.05亿元，2023年收入、成本分别虚增 0.46亿元、0.45亿元。立方数科连续三年虚增收入和成本，严重违反证券法律法规，安徽证监局拟对立方数科处以1000万元罚款， 对汪逸等10名责任人合计罚款3000万元。立方数科涉嫌触及重大违法强制退市情形，深交所将依法启动退市程序。 同时，我会决定对本案所涉会计师事务所执业行为正式立案调查，涉嫌未能勤勉尽责的将依法严惩。对于相关违法行为可能涉及的 证券犯罪问题线索，我会将坚持应移尽移的工作原则，依法依规移送公安机关。 11月28日，立方数科（300344）发布关于公司股票将被实施退市风险警示暨股票停复牌的公告。 公告称 ...

Core Viewpoint - ST Lifan is facing severe financial fraud allegations, which may lead to its delisting from the stock market due to continuous financial misconduct from 2021 to 2023 [4][10]. Group 1: Regulatory Actions - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative punishment against ST Lifan for false reporting of financial data [6]. - The Anhui Securities Regulatory Bureau plans to impose a total fine of 40 million yuan on ST Lifan and related responsible individuals [4]. - The company is under investigation for significant violations that could trigger mandatory delisting procedures [4][9]. Group 2: Financial Performance - ST Lifan has reported inflated revenues and costs for three consecutive years, leading to severe violations of securities laws [9]. - The company has consistently incurred losses, with total revenue reported at 2.03 billion yuan for the latest quarter, showing a year-on-year decrease of 0.44% [12]. - The net profit for the latest quarter was -620 million yuan, reflecting a year-on-year decline of 20.64% [12]. Group 3: Stock Market Impact - ST Lifan's stock will be suspended from trading starting December 1 and will resume trading with a delisting risk warning on December 2 [11]. - The stock price is subject to a daily fluctuation limit of 20% after the delisting risk warning is implemented [11]. - As of November 28, ST Lifan's stock price was 3.36 yuan per share, with a total market capitalization of 2.2 billion yuan [13]. Group 4: Shareholder Information - As of October 20, ST Lifan had over 30,000 shareholders, indicating a significant retail investor base [15]. - The number of shareholders has seen a slight decline, with a decrease of 58 accounts reported in the latest period [16].

人民财讯11月28日电，ST立方(300344)11月28日公告，公司收到安徽证监局的《行政处罚及市场禁入事 先告知书》，认定公司通过开展代理业务虚增营业收入、营业成本，开展融资性贸易虚增营业收入、营 业成本，开展虚假贸易虚增营业收入、营业成本、利润总额，根据《告知书》认定的事实，公司股票可 能被实施重大违法强制退市。公司股票于2025年12月1日起停牌，并于2025年12月2日(星期二)起复牌。 自复牌之日起，公司股票被实施退市风险警示。实施退市风险警示后公司股票在风险警示板交易，股票 价格的日涨跌幅限制为20%。 ...

据证监会官网，经查，2021—2023年，ST立方通过开展代理业务、融资性贸易、虚假贸易等方式，累计虚增收入6.38亿元、成本6.28亿元。其中，2021年收 入、成本分别虚增2.8亿元、2.77亿元，2022年收入、成本分别虚增3.12亿元、3.05亿元，2023年收入、成本分别虚增0.46亿元、0.45亿元。ST立方连续三年 虚增收入和成本，严重违反证券法律法规，安徽证监局拟对ST立方处以1000万元罚款，对汪逸等10名责任人合计罚款3000万元。ST立方涉嫌触及重大违法 强制退市情形，深交所将依法启动退市程序。 同日晚间，ST立方披露公告称，公司股票于12月1日起停牌，并于12月2日起复牌。自复牌之日起，公司股票被实施退市风险警示。公司股票简称由"ST立 方"变更为"*ST立方"。如根据正式的处罚决定书结论，公司触及重大违法强制退市情形，公司股票将被终止上市。 投融资专家许小恒对北京商报记者表示，中介机构是资本市场治理的重要力量，发挥着专业把关的积极作用，其执业质量直接关系市场健康运行。 | 序号 | | | | 南计单位 | | | --- | --- | --- | --- | --- | --- ...

Core Viewpoint - ST Lifan is facing severe financial fraud allegations, which may lead to its delisting from the stock market due to continuous financial misconduct from 2021 to 2023 [2][5][10]. Financial Misconduct - From 2021 to 2023, ST Lifan inflated its revenue by a total of 638 million yuan and costs by 628 million yuan through various fraudulent activities [10]. - The breakdown of inflated figures includes: - 2021: Revenue inflated by 280 million yuan, costs inflated by 277 million yuan - 2022: Revenue inflated by 312 million yuan, costs inflated by 305 million yuan - 2023: Revenue inflated by 46 million yuan, costs inflated by 45 million yuan [10]. Regulatory Actions - The Anhui Securities Regulatory Bureau plans to impose a total fine of 40 million yuan on ST Lifan and related responsible individuals due to the financial fraud [5]. - ST Lifan has been warned and fined 10 million yuan, while 10 responsible individuals, including the chairman and general manager, face a combined fine of 30 million yuan and a 10-year market ban [10]. - The case involving the accounting firm associated with ST Lifan is under formal investigation for failing to fulfill its duties [10]. Delisting Risk - ST Lifan is at risk of being forcibly delisted due to serious violations of securities laws, with the Shenzhen Stock Exchange initiating delisting procedures [5][12]. - The company's stock will be suspended from trading starting December 1 and will be subject to delisting risk warnings upon resumption [12]. Financial Performance - ST Lifan has reported continuous losses over the years, with a recent financial summary indicating a total revenue of 2.03 billion yuan and a net loss of 620 million yuan for the latest reporting period [14]. - The company has seen a decline in its stock price, closing at 3.36 yuan per share, with a total market capitalization of 2.2 billion yuan as of November 28 [15]. Shareholder Information - As of October 20, ST Lifan had over 30,000 shareholders, with a slight decrease in the number of shareholders noted in recent periods [16][17].