连续三年报告造假，知名企业前董事长遭深圳证监局处罚

Core Points - Shenzhen Securities Regulatory Bureau issued an administrative penalty against Meishang Ecological Landscape Co., Ltd. for false records in annual reports from 2020 to 2022 and failure to disclose significant litigation in a timely manner [1] - The company has been penalized multiple times for systematic financial fraud and violations of information disclosure regulations, leading to its delisting from the Shenzhen Stock Exchange in 2024 [3] Summary by Sections Administrative Penalties - Wang Yingyan, the then Chairman, General Manager, and Secretary of the Board, received a warning and a fine of 2.5 million yuan for failing to perform duties effectively and for not prudently judging the scope of financial statement consolidation [1] - In 2025, the Shenzhen Securities Regulatory Bureau imposed a fine of 9 million yuan on Meishang Ecological for not consolidating important entities in financial statements and for failing to disclose significant litigation [3] Financial Misconduct - Meishang Ecological was found to have inflated profits and net assets in its annual reports for 2020, 2021, and 2022, with discrepancies including an inflated profit of 87.57 million yuan in 2020, which was 1041.29% of the reported profit [7] - In 2021, the company inflated profits by 47.52 million yuan, representing 3.86% of the reported profit, and in 2022, it inflated profits by 40.93 million yuan, which was 6.09% of the reported profit [8][9] - The company also failed to disclose a significant lawsuit involving 471 million yuan, which constituted 33.88% of its latest audited net assets, until a month after it was accepted by the court [9]