科创信息涉信披违规遭立案调查 近三年亏2.85亿账面仅剩3941万

Core Viewpoint - Kexin Information (300730.SZ) has been investigated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure, leading to a significant drop in its stock price, which hit the daily limit down on November 18 [1][6][7]. Financial Performance - Kexin Information has faced significant financial pressure, with a total loss of approximately 285 million yuan over the past three years [4][12][13]. - The company's asset-liability ratio reached a historical high of 66.55% as of September 30, 2025, with cash reserves of only about 39.41 million yuan [5][10][13]. - The company reported continuous losses in 2023 and 2024, with net profits of -162 million yuan and -64 million yuan, respectively [12][13]. Business Operations - Kexin Information is a leading provider of information technology services in the digital government and smart enterprise sectors, having been listed on the A-share market since December 2017 [3][11]. - The company has been involved in various projects, assisting over 5,000 government agencies and more than 500 large and medium-sized state-owned enterprises in their digital transformation efforts [11]. Recent Developments - The company received a notice from the CSRC regarding the investigation but did not disclose specific details about the alleged violations [2][7]. - Kexin Information is also under investigation for a contract fraud case exceeding 100 million yuan, which is currently ongoing [9].