Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative penalty against *ST Yuancheng for suspected false reporting of financial data, revealing that the company inflated revenue and profits for three consecutive years [1] Group 1: Company Actions - *ST Yuancheng is facing a proposed fine of 37.45 million yuan for the company itself and a total of 42 million yuan for five responsible individuals [1] - The actual controller of *ST Yuancheng is subject to a 10-year ban from the securities market [1] Group 2: Regulatory Response - The Shanghai Stock Exchange will initiate delisting procedures for *ST Yuancheng due to serious violations that may lead to mandatory delisting [1] - The CSRC will transfer any potential criminal evidence to the public security authorities in accordance with relevant legal standards [1]
*ST元成严重财务造假，将强制退市
Shang Hai Zheng Quan Bao·2025-10-10 10:49