拟罚款2.29亿元！证监会查处东方通严重财务造假案件

Group 1 - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative penalty against Beijing Orient Telecom Technology Co., Ltd. (*ST Dongtong) for suspected false financial data in periodic reports [2] - *ST Dongtong has inflated its revenue and profits for four consecutive years, violating securities laws and regulations [2] - The CSRC plans to impose a fine of 229 million yuan on the company and a total of 44 million yuan on seven responsible individuals, while the actual controller will face a 10-year ban from the securities market [2] Group 2 - From 2019 to 2022, *ST Dongtong inflated its revenue by 61.45 million yuan, 84.85 million yuan, 125.51 million yuan, and 160.53 million yuan respectively, and inflated its profits by 52.23 million yuan, 58.77 million yuan, 79.48 million yuan, and 123.69 million yuan respectively [2] - In 2022, the inflated profit amount accounted for 219.43% of the company's disclosed total profit for that period [2] - The CSRC discovered that the fundraising disclosure in June 2023 included false financial data from the company's annual reports for 2019 to 2021 [2] Group 3 - The CSRC indicated that *ST Dongtong's actions may lead to a forced delisting due to significant violations, and the Shenzhen Stock Exchange will initiate delisting procedures accordingly [3] - The CSRC will also transfer any potential criminal evidence to the public security authorities as per relevant regulations [3]