资金占用合计近12亿元，两上市公司接连领罚

Core Viewpoint - Recent penalties imposed on *ST Lingda and Yangmei Chemical highlight the regulatory authorities' zero-tolerance stance towards the misuse of listed companies' funds and information disclosure violations [2][9] Group 1: Penalties and Violations - *ST Lingda was fined 1 million yuan for failing to disclose related party fund occupation of 65.6 million yuan and for unauthorized external guarantees totaling 126 million yuan [2][5] - Yangmei Chemical faced a fine of 1.5 million yuan due to its controlling shareholder, Huayang Group, non-operationally occupying 1.126 billion yuan without disclosure [9][10] - The penalties reflect a significant increase in regulatory enforcement efficiency, with Yangmei Chemical's case being resolved in just over two months [2][12] Group 2: Regulatory Changes and Impacts - The new delisting rules, effective from April 2024, have intensified scrutiny on fund occupation cases, with non-repayment of occupied funds leading to potential delisting [10][12] - Regulatory actions have resulted in the recovery of misappropriated funds, with *ST Lingda recovering all occupied funds and eliminating unauthorized guarantees [7][10] - The overall regulatory process has become faster, with cases like *ST Lingda's taking less than 10 months from investigation to final penalty [12][13]