*ST奥维及相关责任方被采取监管措施 金属制品业务已停工停产

Core Viewpoint - *ST Aowei has faced regulatory actions due to inaccurate information disclosure and non-operational fund occupation by major shareholders, indicating serious governance issues within the company [1][2][3]. Group 1: Regulatory Actions and Governance Issues - The company and its major shareholders have been subjected to administrative measures by the Liaoning Securities Regulatory Bureau due to fund occupation and inaccurate disclosures [1][3]. - The occupation of funds by major shareholders has reached approximately 208 million yuan, accounting for over 40% of the company's total assets and nearly 80% of its net assets as of the end of 2024 [2][3]. - Experts have indicated that such governance failures can severely damage investor confidence and disrupt market order [1][2]. Group 2: Financial Performance and Risks - *ST Aowei has reported continuous losses for three consecutive years, with a significant decline in revenue of over 70% year-on-year in the first quarter of 2024 [4][5]. - The company’s main business, metal products, accounted for nearly 90% of total revenue in 2024, but is currently facing operational shutdowns [4][5]. - The 2024 annual report indicated that both net profit and net profit excluding non-recurring items were losses, leading to a disclaimer of opinion from the auditing firm [5]. Group 3: Future Outlook and Recovery Efforts - The company plans to actively seek the recovery of occupied funds and aims to resume operations in its metal products business [6]. - Major shareholders have committed to returning all occupied funds by June 30 of this year, which is crucial for the company's operational recovery [6].