Zhong Guo Zheng Quan Bao·2025-09-19 14:59Core Viewpoint - The regulatory authorities are intensifying their crackdown on financial fraud and information disclosure violations in the capital market, signaling a strong stance against such misconduct and promoting better governance among listed companies [1]. Group 1: Regulatory Actions - Multiple listed companies received "Administrative Penalty Notice" for suspected financial fraud, indicating that "delisting does not exempt from liability" [1]. - Regulatory bodies will continue to strictly combat financial fraud and other severe illegal activities, in accordance with the guidelines for protecting investors' rights [1]. Group 2: Specific Cases of Companies - Sikory: Received a notice for fabricating sales and improperly recognizing revenue, inflating revenue by 9.96 million and profit by 7.01 million in 2022, accounting for 4.16% and 6.56% of total revenue and profit respectively [2][3]. - Fudan Fuhua: Received a notice for 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][7]. - Creative Information: Proposed to be fined 4 million for improper revenue recognition, inflating revenue by 267.84 million and 124.70 million in 2022 and 2023 respectively [9][10]. - Juewei Foods: Proposed to be fined 4 million for failing to recognize franchise store renovation income from 2017 to 2021, leading to underreported revenue [10][11]. - ST Xindong: Under investigation by the regulatory authority for suspected information disclosure violations [13]. - Hengli: Received a penalty for failing to disclose the annual report on time, with a proposed fine of 3.5 million [14].