300237，虚增超6亿元利润，将被“ST”

Core Points - Meichen Technology (300237) will be designated as "ST" starting September 30 due to false disclosures in its annual reports from 2014 to 2018 [2][4] - The stock will be suspended for one day on September 29 and will resume trading on September 30 [4] - The designation does not trigger a mandatory delisting, as the violations are not classified as severe [4] Financial Misstatements - Meichen Technology inflated its revenue by a total of 1.438 billion yuan and profits by 658 million yuan from 2014 to 2018 [4][5] - The inflated revenues for each year were as follows: 23.66 million yuan (2014), 373 million yuan (2015), 726 million yuan (2016), 215 million yuan (2017), and 101 million yuan (2018) [4] - The inflated profits for the same period were: 22.93 million yuan (2014), 189 million yuan (2015), 260 million yuan (2016), 117 million yuan (2017), and 69.49 million yuan (2018) [5] Related Company Actions - Another company, Xinhua Jin (600735), will also be designated as "ST" due to non-operational fund occupation by related parties [5] - Xinhua Jin's stock will be suspended on September 29 and will also be subject to risk warnings starting September 30 [5] - As of the announcement date, Xinhua Jin's related parties had not repaid 406 million yuan of occupied funds [5]