瑞斯康达董事长被采取刑事强制措施，曾卷入“2021年A股最大骗局”

Core Viewpoint - The company Ruikangda (603803.SH) is facing significant legal and financial challenges due to allegations of information disclosure violations, leading to criminal measures against its chairman and a board member [1][2]. Company Summary - Ruikangda's chairman and general manager, Li Yuejie, along with board member Zhu Chuncheng, are under criminal investigation for allegedly violating information disclosure laws, with Zhu currently on bail [1]. - The board has appointed Han Meng, a director and vice president, to assume the roles of chairman and general manager to maintain operational stability [1]. - The allegations are linked to a prior administrative penalty from the China Securities Regulatory Commission (CSRC) regarding false revenue reporting from 2018 through its subsidiary, resulting in inflated revenues exceeding 630 million yuan and inflated profits over 110 million yuan for the years 2019 and 2020 [1][2]. Industry Context - The "special network communication" business model, which lacks substantive operations, has been implicated in multiple scandals since 2021, leading to significant penalties for several listed companies, including Shanghai Electric and Jiangsu Shuntian [2]. - The total financial impact of the "special network communication" scandal across affected companies is estimated to exceed 90 billion yuan, marking it as one of the largest frauds in the A-share market in 2021 [2]. Financial Performance - Ruikangda's financial performance has been deteriorating, with projected revenue for 2024 at 1.382 billion yuan, a year-on-year decline of 14.99%. Despite a 39.46% increase in net profit attributable to shareholders, the company still reported a loss of 122 million yuan [2]. - In the first quarter of 2025, the company reported revenue of 250 million yuan, a significant year-on-year drop of 34.89%, with a net loss of 19 million yuan, reflecting a staggering decline of 195.18% [2]. Market Reaction - As of July 7, the stock price of Ruikangda closed at 9.55 yuan per share, experiencing a daily decline of 2.45% [3].