Core Viewpoint - ST Tian Sheng has been penalized by the Chongqing Securities Regulatory Bureau for financial misconduct, including inflated profits and undisclosed related party transactions in its annual reports for 2017 and 2018 [1] Group 1: Regulatory Actions - The company has been ordered to rectify its financial reporting and has received a warning along with a fine of 600,000 yuan [1] - Key personnel, including Liu Qun, have also been penalized, with Liu Qun receiving a fine of 900,000 yuan and a lifetime ban from the securities market [1] - Other individuals, Li Hong and Wang Yonghong, have been banned from the market for 8 years and 5 years respectively [1] Group 2: Company Status - Despite the penalties, the company does not face circumstances that would lead to mandatory delisting for major violations [1] - As of September 15, the company's stock has been subject to additional risk warnings, but its production and operations remain normal [1]
ST天圣:因信息披露违法违规,公司及相关人员遭重庆证监局处罚