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财务造假,顶格处罚!这家公司,或触及重大违法强制退市!
Zheng Quan Shi Bao·2025-06-14 01:46

Core Viewpoint - Shenzhen Guangdao Digital Technology Co., Ltd. (*ST Guangdao) is facing potential delisting due to serious violations of securities regulations, as indicated by the preliminary findings in the administrative penalty notice from the China Securities Regulatory Commission (CSRC) [2][4]. Group 1: Regulatory Actions - *ST Guangdao has received an administrative penalty notice from the CSRC, which preliminarily identifies the company as potentially reaching the criteria for mandatory delisting due to serious violations [2][4]. - The company will be suspended from trading for one day following the announcement and will be subject to a delisting risk warning upon resuming trading [2][4]. - The CSRC has determined that *ST Guangdao engaged in fraudulent activities, including fabricating sales and procurement transactions, leading to inflated revenue and costs in its financial reports from 2018 to 2024 [4][5]. Group 2: Penalties Imposed - The company has been ordered to rectify its violations, receive a warning, and pay a fine of 10 million yuan [5]. - The chairman and general manager, Jin Wenming, has been fined 15 million yuan, with 5 million yuan as a direct responsible person and 10 million yuan as the controlling shareholder [5]. - Other involved parties, including supervisors and independent directors, have also received fines ranging from 150,000 to 5 million yuan [5]. Group 3: Investor Protection Measures - The sponsor institution, Wukuang Securities, will initiate compensation for eligible investors who suffered losses due to the company's financial fraud [6][8]. - The compensation process is based on Article 93 of the Securities Law, allowing for advance compensation by the issuer's controlling shareholders and related securities firms [8]. - The implementation of advance compensation is being actively promoted by the CSRC, with previous cases serving as precedents for this approach [8].