Core Viewpoint - Juewei Foods has received a notice of administrative penalty from the Hunan Regulatory Bureau of the China Securities Regulatory Commission (CSRC) due to violations related to information disclosure, leading to a change in its stock status to "ST Juewei" and a fine of 4 million yuan [2][4]. Group 1: Regulatory Actions - On September 20, Juewei Foods announced a suspension of trading following the receipt of the administrative penalty notice on September 19 [2]. - The stock name will change from "Juewei Foods" to "ST Juewei," with the stock code remaining 603517, and the risk warning will take effect on September 23, 2025 [3]. - Trading will be suspended for one day on September 22, 2025, and will resume on September 23, 2025 [3]. Group 2: Violations and Penalties - Juewei Foods was found to have failed to recognize revenue from franchise store renovation services from 2017 to 2021, resulting in understated annual report revenues by 5.48%, 3.79%, 2.20%, 2.39%, and 1.64% for the respective years [4]. - The Hunan Regulatory Bureau plans to impose a fine of 4 million yuan on Juewei Foods, along with individual fines of 2 million yuan for former Chairman Dai Wenjun, 1.5 million yuan for former CFO Peng Caigang, and 1 million yuan for former Secretary of the Board Peng Gangyi [4][5].
绝味食品股票被ST,因信披违法违规被处罚