东方时尚因资金占用未整改遭停牌

Core Viewpoint - The company, Oriental Fashion Driving School Co., Ltd. (603377), is facing a suspension of its stock and convertible bonds due to failure to complete required rectifications by the deadline of June 19, 2025, as mandated by the Shanghai Stock Exchange regulations [1][4]. Group 1: Company Financials and Compliance - As of December 31, 2024, the company had a fund occupation balance of approximately 387 million yuan, which has not been repaid by the controlling shareholder and related parties [4]. - The company has not completed the required fund recovery within the six-month period set by regulatory authorities, leading to the suspension of its stock and convertible bonds [4]. - If the company rectifies the issues within the suspension period, its stock and convertible bonds may resume trading; otherwise, it faces delisting risks [4]. Group 2: Regulatory Actions and Investigations - The company is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, with the investigation ongoing [4]. - The actual controller and former chairman of the company, Xu Xiong, has been arrested on charges of manipulating the securities market as of September 2023 [4]. Group 3: Company Background - Oriental Fashion Driving School Co., Ltd. was established on August 12, 2005, and is primarily engaged in motor vehicle driving training and aviation training [5].