Core Viewpoint - Dahua Intelligent is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, following previous regulatory penalties related to financial misconduct and inflated profits [1][2][3]. Group 1: Regulatory Issues - The company was previously penalized for failing to disclose significant contracts and related financial support, resulting in inflated profits exceeding 10 million yuan in its 2022 and 2023 annual reports [1][2]. - Dahua Intelligent's stock price fell by 9.92% to 4.45 yuan per share following the announcement of the investigation [1]. - The investigation is linked to prior penalties imposed in December 2024, where the company was found to have engaged in undisclosed related party transactions and inflated profits [2][3]. Group 2: Financial Performance - Dahua Intelligent has reported a continuous decline in net profits, with a total loss of approximately 3.49 billion yuan from 2018 to 2024 [5]. - The company expects a net loss of 55 million to 75 million yuan for the first half of this year, primarily due to ongoing losses from its subsidiary, Fujian Fumi Technology Co., Ltd. [3][5]. - The company has adjusted 12 financial reports, resulting in significant reductions in reported cash and net profits for the years 2021 to 2023 [3]. Group 3: Business Strategy and Acquisitions - Dahua Intelligent has engaged in aggressive acquisitions since 2013, expanding into various sectors, including third-party payment and financial leasing [5][6]. - Despite initial growth from these acquisitions, the company has faced substantial losses, particularly from its investment in Runxing Leasing, which led to significant asset impairments [7]. - The company has attempted to divest from underperforming assets, including the sale of its stakes in Runxing Leasing and other financial entities [7][8].
虚增利润3000万、调整12份财报， 这家上市公司又因财务造假被查
Di Yi Cai Jing Zi Xun·2025-07-29 15:15