重罚！*ST新潮未按期披露年报

Core Viewpoint - Shandong Xinchao Energy Co., Ltd. received an administrative penalty from the Shandong Securities Regulatory Bureau for failing to disclose its 2024 annual report on time, resulting in a fine of 3 million yuan and penalties for its executives [1][2][9] Group 1: Administrative Penalty - The company was fined 3 million yuan for not disclosing the 2024 annual report by the legal deadline of April 30, 2025 [1][9] - The former chairman Liu Bin and the financial director Bing Zhou were fined 1.2 million yuan and 800,000 yuan respectively for their roles in the failure to disclose [1][9] - The company announced that it disclosed the 2024 annual report on July 4, 2025, after a delay [2][4] Group 2: Legal Proceedings - The company faced three lawsuits in the United States related to management changes and control disputes over its overseas subsidiaries, all of which have been withdrawn by the plaintiffs [4][6] - The lawsuits were initiated by former directors who contested their removal and sought to restore their positions [5][6] - The company clarified that the termination of these lawsuits would not negatively impact its current or future profits [6] Group 3: Financial Performance - For the first half of 2025, the company reported a revenue of 3.973 billion yuan, a year-on-year decrease of 8.85%, and a net profit attributable to shareholders of 958 million yuan, down 18.22% year-on-year [7] - The new management is committed to addressing previous audit issues and improving corporate governance and financial reporting quality [7]