监管出手！罚款3.75亿元

Core Viewpoint - Yili Clean Energy (formerly known as Yili Clean Energy) and its controlling shareholder, along with 29 related responsible persons, have been fined 375 million yuan by the Inner Mongolia Securities Regulatory Bureau for financial fraud, related guarantees, and fund occupation from 2016 to 2023 [2][9]. Financial Misconduct - From 2016 to 2022, Yili Clean Energy and its subsidiaries inflated profits, assets, and revenues through various fraudulent activities, resulting in total profit inflation of 192.89 million yuan in 2016, 530.31 million yuan in 2017, and so on, with the inflated profits constituting 3.76% to 9.37% of the reported total profits for those years [3][4]. - The company also inflated assets by 700 million yuan to 3.026 billion yuan from 2016 to 2021, which represented 2.06% to 8.49% of the reported total assets [3][5]. Related Guarantees - Yili Clean Energy provided guarantees to its controlling shareholder and related parties from 2017 to 2021, with amounts ranging from 850 million yuan to 3.010 billion yuan, constituting 8.12% to 17.22% of the latest audited net assets [5][6]. Fund Occupation - Between 2016 and 2023, Yili Clean Energy occupied funds through various means, with amounts ranging from 700 million yuan to 2 billion yuan annually, representing 1.09% to 23% of the latest audited net assets [7][8]. Fraudulent Bond Issuance - The company issued bonds in April and July 2020, with a total scale of 1 billion yuan, using financial statements that contained false records and significant omissions, constituting fraudulent issuance [8]. Regulatory Actions - Following the violations, Yili Clean Energy received a notice of administrative punishment and was investigated by the China Securities Regulatory Commission, leading to its delisting due to stock prices falling below 1 yuan for 20 consecutive trading days [9][10].