证监会严查*ST元成财务造假案件

Core Points - The China Securities Regulatory Commission (CSRC) has issued a notice regarding administrative penalties against Yuancheng Environment Co., Ltd. (referred to as *ST Yuancheng) for suspected false reporting of financial data [1] - *ST Yuancheng has allegedly inflated revenue and profits for three consecutive years, violating securities laws and regulations [1] - The CSRC plans to impose a fine of 37.45 million yuan on the company and a total of 42 million yuan on five responsible individuals, while the actual controller will face a 10-year ban from the securities market [1] - *ST Yuancheng is suspected of triggering circumstances for mandatory delisting due to serious violations, and the Shanghai Stock Exchange will initiate delisting procedures [1] - The CSRC will transfer any potential criminal evidence to the public security authorities in accordance with legal standards [1]