Workflow
停牌!300311,将被ST
Zhong Guo Ji Jin Bao·2025-06-21 11:26

Core Viewpoint - Renzihang, a leading cybersecurity company, has been penalized for financial fraud, resulting in a warning and fines for the company and its executives, along with a risk warning designation for its stock [2][4][8]. Financial Misconduct - The company has been found to have inflated its revenue by 36.95 million yuan, 48.44 million yuan, and 26.93 million yuan for the years 2020, 2021, and the first half of 2022, respectively, which accounted for 4.21%, 6.97%, and 10.81% of the reported figures for those periods [5]. - The total profit inflated was 19.41 million yuan, 37.32 million yuan, and 16.56 million yuan for the same periods, representing 85.93%, 70.03%, and 30.79% of the reported profit figures [5]. Regulatory Actions - The China Securities Regulatory Commission (CSRC) issued a notice of administrative punishment, indicating that Renzihang's actions violated the Securities Law, leading to a fine of 5 million yuan for the company and fines ranging from 100,000 to 250,000 yuan for four executives [7][8]. - The company will be designated as "ST Renzihang" starting June 24, 2025, due to the financial misconduct and continuous losses [10]. Company Performance - Renzihang has reported continuous losses since 2019, with a net profit of -37.33 million yuan and a non-recurring net profit of -39.92 million yuan in the first quarter of 2025 [12]. - The company's total market value as of June 20 was 4.318 billion yuan [14].