Group 1 - The China Securities Regulatory Commission (CSRC) announced administrative penalties against Beijing Orient Telecom Technology Co., Ltd. (*ST Dongtong) for suspected false reporting of financial data [2] - *ST Dongtong has inflated 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 - *ST Dongtong is suspected of major violations that could lead to mandatory delisting, prompting the Shenzhen Stock Exchange to initiate delisting procedures [2] - The CSRC will transfer any potential criminal evidence to the public security authorities in accordance with relevant legal standards [2]
证监会查处东方通严重财务造假:拟对上市公司罚款2.29亿元