Core Points - The company, Tonghui Information, inflated its revenue by over 60 million and profits by over 30 million from 2018 to 2021 through fictitious contracts and premature or delayed revenue recognition [1][9] - The Beijing Securities Regulatory Bureau imposed a total fine of 35.5 million on the company and five responsible individuals for their financial misconduct [2][17] - The company was listed on the New Third Board in August 2021 and transitioned to the Beijing Stock Exchange in November 2021 [3][6] Financial Misconduct - Tonghui Information inflated its reported revenue for the years 2018 to 2021 by 20.173 million, 9.617 million, 14.976 million, and 18.065 million respectively, and profits by 10.464 million, 8.149 million, 7.375 million, and 5.878 million respectively [1][9] - The inflated financial data led to false disclosures in annual reports and the stock issuance prospectus [1][8] Penalties and Consequences - The company received a warning and a fine of 9 million, while key individuals faced fines ranging from 250,000 to 1.15 million, with the actual controllers facing market bans of 10 and 7 years respectively [2][17] - The company acknowledged the impact of these violations and committed to improving internal governance and compliance [20] Company Background - Tonghui Information, established in July 2008, specializes in providing commercial display solutions and related equipment [3][6] - The company was approved for listing on the New Third Board in June 2020 and officially listed in August 2021 [3][6]
北交所上市公司连续四年财务造假！合计被罚3550万！