Core Viewpoint - *ST Zitian has been penalized by the Fujian Securities Regulatory Bureau for violations related to information disclosure and failure to submit the 2024 annual report on time [1] Group 1: Penalties for Information Disclosure Violations - The Fujian Securities Regulatory Bureau found that *ST Zitian's 2022 annual report, 2023 semi-annual report, and 2023 annual report contained false records [1] - The company and 12 responsible individuals were penalized, with *ST Zitian receiving a warning and a fine of 8.5 million yuan [1] - Former Chairman Yao Xiaoxin was fined 4 million yuan, and Financial Director LIXIANG (Li Xiang) was fined 3 million yuan, with additional penalties for 10 other individuals [1] Group 2: Penalties for Late Disclosure of 2024 Annual Report - The company failed to disclose the 2024 annual report within the legal timeframe, leading to a warning and a fine of 3.5 million yuan from the Fujian Securities Regulatory Bureau [1] - Chairman and Board Secretary Song Qing was fined 1 million yuan, while General Manager Li Lin was also fined 1 million yuan, and LIXIANG (Li Xiang) received a fine of 1.4 million yuan [1]
*ST紫天:公司及相关人员收到福建证监局《行政处罚决定书》