A股公司退市近一年后，又收罚单

Core Points - San Sheng Education has been fined 15 million yuan for violations related to information disclosure after being delisted from the A-share market nearly a year ago [1][7] - The company experienced a significant stock price drop of 46% on the first day of its delisting transition period [8] Summary by Sections Administrative Penalty - The Beijing Securities Regulatory Bureau has issued an administrative penalty decision against San Sheng Education and several related parties for illegal information disclosure practices [2] - The company failed to disclose multiple related party transactions and other critical information as required by law, including non-operating fund occupation by related parties [2][4] Violations and Findings - Specific violations include not timely disclosing the actual controller, related party transactions, and false records in acquisition disclosures [3][4] - The actual controller of San Sheng Education was found to have changed without proper disclosure, leading to a misrepresentation of control [3][5] Penalty Details - The penalties include a warning and a fine of 5 million yuan for failing to fulfill information disclosure obligations, and an additional 10 million yuan for false records and major omissions [6][7] - Multiple individuals involved in the violations received warnings and varying fines [7] Delisting Background - San Sheng Education was delisted from the A-share market due to an inability to provide a valid annual report for 2023, leading to a trading suspension and eventual termination of its stock listing [8] - The stock price fell to 0.27 yuan per share on the first day of the delisting transition period and further dropped to 0.13 yuan before being delisted [8]