Core Viewpoint - Ningbo Fangzheng faced penalties for failing to disclose non-operating fund occupation, highlighting internal control deficiencies and ongoing financial struggles [1][2][3] Group 1: Regulatory Issues - Ningbo Fangzheng was fined a total of 3.3 million yuan for information disclosure violations, with penalties imposed on the company and three executives [1][3] - The company’s actual controller, Fang Yongjie, was fined 1.8 million yuan for his role in the undisclosed fund occupation [2][3] - The non-operating fund occupation amounted to 64.35 million yuan, representing 11.13% of the company's audited net assets for 2022 [2][3] Group 2: Financial Performance - In 2024, Ningbo Fangzheng reported revenue of 970 million yuan, a slight increase of 0.08% year-on-year, but incurred a net loss of 9.2964 million yuan [5][6] - The company has experienced two consecutive years of losses, with cumulative losses of 18.3706 million yuan and 38.1736 million yuan for net profit and net profit excluding non-recurring items, respectively [5][6] - The main business gross margin for 2024 was 15.71%, an increase of 2.81 percentage points year-on-year [7] Group 3: Business Operations - Ningbo Fangzheng specializes in the automotive industry, focusing on the development, production, and sales of plastic molds, components, and precision structures for lithium batteries [6] - The company’s revenue from various segments showed mixed results, with significant growth in lithium battery components but a decline in mold and plastic products [7] - Due to ongoing losses, the company will not implement profit distribution for the first time since its listing [8]
宁波方正两年亏1837万首次不分红 关联交易未披露与三高管被罚330万