瞒报30亿元理财逾期 白银有色及五名高管合计被罚880万元

Core Points - Silver Industry Company (白银有色) and five related executives received an administrative penalty from the Gansu Securities Regulatory Bureau for failing to disclose overdue financial products amounting to 3 billion yuan [1][2] - The company purchased 30 billion yuan in financial products between August 2017 and March 2018, which were not recovered on time, leading to a significant delay in disclosure [1] - The total fine imposed on the company and executives amounts to 8.8 million yuan, with specific penalties for each executive based on their roles and responsibilities [1] Summary by Sections - Administrative Penalty: The Gansu Securities Regulatory Bureau issued a penalty of 4 million yuan to Silver Industry Company for significant omissions in information disclosure from 2019 to 2024 [1] - Executive Penalties: The penalties for executives include 1.5 million yuan for the chairman, 1 million yuan each for the former general manager and secretary, 800,000 yuan for the former financial director, and 500,000 yuan for the current financial director, totaling 4.8 million yuan for the five executives [1] - Disclosure Violations: The company only reported the 30 billion yuan balance under "other current assets" in annual reports without detailing the overdue situation, violating the Securities Law and related regulations [1] - Disciplinary Actions: On the same day as the administrative penalty, the Shanghai Stock Exchange issued disciplinary actions against the company and its executives, requiring them to rectify the violations and submit a report within one month [2] - Previous Warnings: The Gansu Securities Regulatory Bureau had previously issued warning letters to the company and its executives for accounting errors in prior reports [2]