Lingda Group(SZ:300125) Zheng Quan Ri Bao Wang·2025-09-12 08:20Core Viewpoint - *ST Lingda has been penalized by the Dalian Securities Regulatory Bureau for violations related to undisclosed external guarantees and related party fund occupation, resulting in a total fine of 5 million yuan for the company and its executives [1][4]. Summary by Relevant Sections Violations - *ST Lingda and its executives, including Chairman Wang Mingsheng and Vice Chairman Lin Zhihuang, failed to disclose external guarantee matters and related party fund occupation as required [2][3]. - The company’s wholly-owned subsidiary, Jinzhai Jiayue New Energy Technology Co., Ltd., provided guarantees for bank acceptance bills totaling 126 million yuan, which accounted for 19.10% of the company's latest audited net assets [2]. - The total amount of related party fund occupation reached 65.6 million yuan, representing 9.95% of the company's latest audited net assets [3]. Regulatory Actions - The Dalian Securities Regulatory Bureau issued a formal investigation notice to *ST Lingda in late 2024, followed by an administrative penalty notice in August 2023 [4][5]. - The regulatory body emphasized strict supervision and rapid response to violations, leading to the return of all occupied funds by related parties and the cancellation of illegal guarantees [5]. Future Oversight - The Dalian Securities Regulatory Bureau plans to enhance continuous supervision of listed companies through compliance training and case warnings to improve the compliance awareness of key personnel [6]. - The bureau remains committed to strict enforcement against financial fraud and fund occupation to ensure high-quality development of the capital market [6].