2025 年半年度定期现场检查报告 1 保荐机构名称：第一创业证券承销保荐有限责任公司 被保荐公司简称：*ST 东通 保荐代表人姓名：张德平 联系电话：010-63212001 保荐代表人姓名：王璐 联系电话：010-63212001 现场检查人员姓名：张德平、司子健 现场检查对应期间：2025 年 1 月 1 日至 6 月 30 日 现场检查时间：2025 年 8 月 27 日-2025 年 9 月 2 日 一、现场检查事项1 现场检查意见 是 否 不适 用 （一）公司治理 现场检查主要手段：查阅公司章程及公司治理等有关文件；查阅历次公司股东大会、董事会、 监事会的会议文件和公告文件；访谈管理层、获取公司说明文件 1.公司章程和公司治理制度是否完备、合规 √ 2.公司章程和股东会、董事会规则是否得到有效执行 详见"二、现场检查发现的问 题及说明"之"1、公司及公 司实际控制人、董事长被证监 会立案调查并收到《行政处罚 事先告知书》"、"2、公司内部 控制仍存在重大缺陷" 3.股东会、董事会会议记录是否完整，时间、地点、出席人 员及会议内容等要件是否齐备，会议资料是否保存完整 √ 4.股东会、董事会会议决议是 ...

第一创业证券承销保荐有限责任公司 关于北京东方通科技股份有限公司 2025年半年度跟踪报告 二、保荐机构发现公司存在的问题及采取的措施 | 事项 | 存在的问题 | 采取的措施 | | --- | --- | --- | | | 1.2025 年 4 月 14 日，公司收到 | | | | 中国证券监督管理委员会下发 | | | | 的《立案告知书》（证监立案字 | | | | 142025025 号），因公司涉嫌定 | 本保荐机构将持续关注相关事项 | | | 期报告等财务数据存在虚假记 | 的进展情况，并提请公司及公司 | | | 载，中国证监会决定对东方通 | 实际控制人、董事长：（1）持续 | | | 立案调查； | 关注上述事项的进展情况，严格 | | | 2.2025 年 8 月 6 日，公司实际 | 按照相关法律法规的规定和监管 | | | 控制人、董事长黄永军先生收 | 要求及时履行信息披露义务；（2） | | | 到中国证券监督管理委员会送 | 公司吸取经验教训，严格按照《公 | | | 达的《立案告知书》（证监立案 | 司法》《证券法》《上市公司治理 | | | 字 号），因涉嫌信 014 ...

证券代码：300379 证券简称：*ST 东通 公告编号：2025-092 北京东方通科技股份有限公司 关于股票交易异常波动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、北京东方通科技股份有限公司（以下简称"公司"）股票交易价格于 2025 年 9 月 15 日、9 月 16 日连续 2 个交易日收盘价格跌幅偏离值累计超过 30%，根 据深圳证券交易所相关规定，属于股票交易异常波动的情况。 4、公司将全力配合中国证监会的相关工作，最终结果以中国证监会出具的 正式处罚决定为准。敬请广大投资者关注后续公告并注意投资风险。 2、因涉嫌定期报告等财务数据存在虚假记载，被中国证券监督管理委员会 （以下简称"中国证监会"）立案调查。公司于 2025 年 9 月 12 日收到中国证监 会下发的《行政处罚事先告知书》（以下简称《告知书》）。根据《告知书》认 定的事实，公司 2019 年至 2022 年度报告存在虚假记载、公司 2022 年向特定对 象发行股票构成欺诈发行。公司可能触及《深圳证券交易所创业板股票上市规则》 第 10.5.1 条第（一）项 ...

Core Viewpoint - The article discusses the severe penalties imposed on Dongfang Tong for financial fraud, including a fine of 229 million and the forced delisting of the company, highlighting a crackdown on financial misconduct in the industry [2][13]. Group 1: Company Overview - Dongfang Tong was fined 229 million for financial fraud, with seven responsible individuals penalized a total of 44 million, and the actual controller, Huang Yongjun, banned from the market for 10 years [2]. - The company engaged in financial fraud starting in 2019, inflating revenue by 430 million and profits by 310 million over four years [4]. - The company had previously acquired Beijing Taice Technology for 600 million, despite its net assets being only 50 million, raising questions about the rationale behind such a high valuation [2][3]. Group 2: Regulatory Environment - The regulatory environment has shifted towards zero tolerance for financial fraud, with a focus on holding all parties involved accountable, including third parties and suppliers [13][14]. - In 2024, the China Securities Regulatory Commission (CSRC) investigated 128 cases, imposing penalties on 426 entities, totaling 5.137 billion in fines [16]. - The approach to punishing fraud now includes administrative, criminal, and civil measures, indicating a comprehensive strategy to deter misconduct in the capital market [17].

Core Viewpoint - *ST Dongtong, once a leading middleware company in China, faces a severe financial crisis due to systematic financial fraud over four years, leading to a significant drop in stock price and impending delisting [1][3][4]. Financial Fraud Details - The company inflated its revenue by a total of 432 million yuan and profits by 314 million yuan from 2019 to 2022, with annual inflated revenues ranging from 61.45 million yuan to 160.53 million yuan, and profits from 52.23 million yuan to 123.69 million yuan [3][4]. - The inflated figures represented 12.29% to 17.68% of reported revenues and 22.72% to 219.43% of reported profits during the respective years [3]. Regulatory Actions - On September 12, the company received a notice from the China Securities Regulatory Commission (CSRC) regarding administrative penalties due to the fraudulent activities [3][4]. - The company is set to face delisting procedures as it has been flagged for major violations, marking it as the 12th company to face such actions since 2025 [4][6]. Financial Performance - The company has reported continuous revenue decline and net losses for three consecutive years, totaling nearly 1.3 billion yuan in losses [5]. - In the first half of 2025, the company reported a revenue of 240 million yuan, a year-on-year increase of 48.85%, but still incurred a net loss of 55.16 million yuan [5]. Governance Issues - The company has faced significant governance challenges, with its 2024 annual report receiving an audit opinion that could not be expressed, indicating serious internal control issues [5][6]. - The CSRC has imposed a fine of 229 million yuan on the company and additional penalties on responsible individuals, including a 10-year ban on the former chairman from engaging in securities activities [6].

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has announced severe penalties for *ST Dongtong due to serious financial fraud, leading to a total fine of 273 million yuan for the company and seven related individuals [1][2] Group 1: Company Actions and Penalties - *ST Dongtong's stock was suspended from trading after a significant drop, with its current price being over 90% lower than its historical peak [1] - The auditing firms involved, including Beijing Dehao International Accounting Firm and Dahua Accounting Firm, have received warning letters from regulatory authorities [1] - The underwriter for *ST Dongtong, First Entrepreneurship, has also faced scrutiny, with its designated representative receiving a warning letter from the Shenzhen Stock Exchange for failing to conduct due diligence [1][2] Group 2: Financial Misconduct and Implications - In June 2023, *ST Dongtong disclosed a fundraising report indicating it raised approximately 2.2 billion yuan, based on fabricated financial data from 2019 to 2021 [1] - First Entrepreneurship's subsidiary, Yi Chuang Investment, served as the underwriter during the fraudulent issuance period, raising questions about potential joint liability and regulatory penalties [2] - Previous cases have shown that underwriters can face significant financial repercussions, as seen in the "first case of fraudulent issuance on the Sci-Tech Innovation Board," where involved institutions paid a total of 1.275 billion yuan in compensation to investors [2]

Core Viewpoint - *ST Dongtong, once a leading middleware company in China, faces severe consequences due to systemic financial fraud over four years, leading to a significant drop in stock price and impending delisting [1][4][5]. Financial Fraud Details - The company inflated its revenue by a total of 432 million yuan and profits by 314 million yuan from 2019 to 2022, with annual inflated revenues ranging from 61.45 million yuan to 160.53 million yuan, and profits from 52.23 million yuan to 123.69 million yuan [4][5]. - The inflated figures represented 12.29% to 17.68% of reported revenues and 22.72% to 219.43% of reported profits during the respective years [4]. Regulatory Actions - On September 12, the company received a notice from the China Securities Regulatory Commission (CSRC) regarding administrative penalties due to the fraudulent activities [4]. - Following the discovery of the fraud, the company announced on September 14 that it would face delisting procedures due to significant violations, marking it as the 12th company to face such actions since 2025 [5]. Financial Performance - The company has reported continuous revenue decline and net losses for three consecutive years, accumulating losses of nearly 1.3 billion yuan [6][7]. - In the first half of 2025, the company reported a revenue of 240 million yuan, a year-on-year increase of 48.85%, but still recorded a net loss of 55.16 million yuan [7]. Governance Issues - The company has faced governance challenges, including an audit report for 2024 that was unable to express an opinion, indicating serious internal control issues [7]. - The CSRC has imposed a fine of 229 million yuan on the company and a total of 44 million yuan on seven responsible individuals, including the former chairman, who received a personal fine of 26.5 million yuan and a 10-year ban from the securities market [7][8].

Core Viewpoint - *ST Dongtong faces a potential fine of 229 million yuan from the China Securities Regulatory Commission (CSRC) due to false reporting in its financial statements from 2019 to 2022 and fraudulent issuance in its 2022 private placement [1][2][3] Group 1: Financial Misconduct - From 2019 to 2022, *ST Dongtong inflated its revenue by 61.45 million yuan, 84.85 million yuan, 125.51 million yuan, and 160.53 million yuan, representing 12.29%, 13.25%, 14.54%, and 17.68% of the reported revenue for those years respectively [2] - The inflated profits for the same period were 52.23 million yuan, 58.77 million yuan, 79.48 million yuan, and 123.69 million yuan, accounting for 34.11%, 22.72%, 30.35%, and 219.43% of the reported profit totals [2][3] Group 2: Role of First Capital - First Capital, the underwriter for *ST Dongtong's 2022 private placement, failed to detect the severe financial fraud during the reporting period, which raises questions about its due diligence [3][5] - First Capital's commitment in the underwriting document stated that it had sufficient reason to believe that the issuer's application documents and disclosures were free from false statements or omissions [3][5] Group 3: Implications of Fraudulent Activities - The fraudulent activities included the early recognition of over 100 million yuan in revenue by Taice Technology, which was acquired by *ST Dongtong at a significant premium [1][6] - Following the completion of performance commitments in 2021, Taice Technology's revenue plummeted by 87.38% in 2022, indicating a drastic change in financial performance [6][8] Group 4: Regulatory and Market Reactions - The CSRC has indicated that *ST Dongtong's fraudulent disclosures could lead to a forced delisting due to continuous financial misconduct [1][3] - The establishment of a compensation fund by First Capital could help restore investor confidence and mitigate reputational damage in light of the ongoing investigations [13]

Group 1 - *ST Dongtong (300379.SZ) experienced a limit-down trading day, closing at 5.26 yuan, with a decline of 20.06% [1] - Only one brokerage firm has published a research report on *ST Dongtong this year, which is from Guotai Junan Securities Co., Ltd. [1] - The report titled "Dongfang Tong (300379): Middleware Leader Welcomes Dual Catalysts of AI and Xinchuang" was released on April 2 by analysts Yang Lin, Yang Meng, and Wei Zong, who rated the company as "outperforming the market" [1]

Core Viewpoint - Beijing Orient Technology Co., Ltd. (referred to as Orient Technology or *ST Dongtong) has been found to have significant violations in information disclosure, leading to administrative penalties from the China Securities Regulatory Commission (CSRC) [1][2]. Summary by Sections Financial Misrepresentation - Orient Technology has been accused of fabricating financial data in its annual reports from 2019 to 2022, resulting in inflated revenues and profits. The company overstated revenues by 61.45 million yuan, 84.85 million yuan, 125.51 million yuan, and 160.53 million yuan for the years 2019 to 2022, respectively, which accounted for 12.29%, 13.25%, 14.54%, and 17.68% of the reported revenues for those years [1]. - The inflated profits for the same years were reported as 52.23 million yuan, 58.77 million yuan, 79.48 million yuan, and 123.69 million yuan, representing 34.11%, 22.72%, 30.35%, and 219.43% of the total profits disclosed [1]. Securities Issuance Misrepresentation - The company was found to have fabricated significant false content in its securities issuance documents. Between June and November 2022, Orient Technology disclosed misleading information in its fundraising prospectus, which included false financial data from its annual reports [2]. - The total amount raised from the issuance of 106,024,096 shares was reported to be approximately 2.2 billion yuan [2]. Legal and Compensation Implications - Due to the violations, the CSRC plans to impose penalties on Orient Technology, its actual controller, and the chairman, Huang Yongjun, including warnings and fines [2]. - Investors who suffered losses due to the company's fraudulent disclosures are eligible to file civil compensation claims, which may include investment differences, commissions, stamp duties, and interest losses [3]. - The conditions for filing claims include having purchased Orient Technology's securities between April 29, 2020, and April 14, 2025, and either selling or holding the securities after April 15, 2025 [3].