Zhong Guo Zheng Quan Bao·2025-09-19 14:56Core Viewpoint - Multiple listed companies received administrative penalty notices for suspected financial fraud, indicating a strong regulatory stance against such misconduct in the capital market [1] Group 1: Regulatory Actions - Regulatory authorities are intensifying efforts to combat financial fraud and other severe violations in the capital market, aiming to enhance corporate governance among listed companies [1] - The regulatory framework includes comprehensive measures to protect investor rights and ensure compliance with financial reporting standards [1] Group 2: Specific Cases of Companies - Sikory: Received a notice for fabricating sales and prematurely recognizing revenue, resulting in inflated revenue of 9.96 million and profit of 7.01 million in 2022, accounting for 4.16% and 6.56% of total revenue and profit respectively [2] - Fudan Fuhua: Notified of penalties due to false records in annual reports for 2019, 2020, and 2023, with a proposed fine of 4 million [4] - Kejingyuan: Faced penalties for information disclosure violations, with a proposed fine of 1.5 million due to unapproved guarantees totaling 150 million [6] - Chuangyi Information: Proposed to be fined 4 million for information disclosure violations, with inflated revenues of 267.84 million and 124.70 million in 2022 and 2023 respectively [9] - Juewei Foods: Notified of a proposed fine of 4 million for failing to recognize revenue from franchise store renovations from 2017 to 2021, leading to understated revenues [10] - ST Xindongli: Under investigation by the regulatory authority for suspected information disclosure violations [13] - Hengli: Received a penalty notice despite being delisted, highlighting that delisting does not exempt companies from accountability [14]