Shenyang Chemical (SZ:000698) Xin Lang Cai Jing·2025-09-30 13:01Core Viewpoint - Shenyang Chemical is facing regulatory scrutiny due to alleged false disclosures in its annual reports from 2018 to 2021, leading to a proposed change in its stock designation to "ST Shenhua" [1] Summary by Relevant Sections - Regulatory Action: The company received an administrative penalty notice from the Liaoning Regulatory Bureau of the China Securities Regulatory Commission, indicating violations in information disclosure [1] - Allegations: The company is accused of manipulating financial figures by falsely reducing (or increasing) operating costs, inflating (or deflating) total profits, and misrepresenting inventory, resulting in false records in annual reports [1] - Penalties: The company will face a warning and a fine of 7 million yuan. Additionally, its stock will be subject to other risk warnings [1] - Stock Trading Changes: The company's stock will be suspended for one day starting October 9, 2025, and will resume trading on October 10, 2025, with a new stock name "ST Shenhua" while retaining the same stock code "000698" and a daily price fluctuation limit of 5% [1]