603388，严重财务造假，将强制退市！证监会严肃查处！

Core Points - The China Securities Regulatory Commission (CSRC) has issued an administrative penalty notice to *ST Yuancheng for suspected false financial reporting, including inflated revenue and profits over three consecutive years [1][2] - The total fines proposed include 37.45 million yuan for the company and 42 million yuan for five responsible individuals, with the actual controller facing a 10-year market ban [1][2] Financial Misconduct - From 2020 to 2022, *ST Yuancheng, under the direction of actual controller Zhu Changren, inflated operating costs by 158 million yuan, revenue by 209 million yuan, and total profit by 50.46 million yuan [2] - In the 2022 annual report, the company falsely reported an inflated revenue of 14.16 million yuan and an inflated profit of 13.45 million yuan, which represented 4.33% and 24.60% of the disclosed amounts, respectively [2] Regulatory Actions - The CSRC has mandated *ST Yuancheng to correct its financial statements and has proposed a fine of 37.45 million yuan [2] - Individual penalties include 28 million yuan for Zhu Changren, 5 million yuan for Zhou Jinhai, 500,000 yuan each for Yao Lihua and Yu Jianfei, and 200,000 yuan for Chen Ping [2]