Workflow
突发!300379,可能终止上市!
Zheng Quan Shi Bao·2025-11-25 14:37

Core Viewpoint - *ST Dongtong may face delisting due to serious violations in financial reporting, including fraudulent issuance of shares and significant misstatements in annual reports from 2019 to 2022 [1][4]. Group 1: Financial Misconduct - The company was found to have inflated revenues by 614.51 million, 848.51 million, 1.255 billion, and 1.605 billion from 2019 to 2022 respectively [2]. - Profits were also inflated by 522.28 million, 587.74 million, 794.82 million, and 1.236 billion during the same period, with the 2022 inflated profit amounting to 219.43% of the reported total profit for that year [2][3]. - Cumulatively, *ST Dongtong inflated revenues by 432 million and profits by 314 million from 2019 to 2022 [3]. Group 2: Regulatory Actions - The China Securities Regulatory Commission (CSRC) has proposed a fine of 229 million for the company and a total of 44 million for seven responsible individuals, along with a 10-year market ban for the actual controller [4]. - The company is at risk of being subjected to mandatory delisting due to these major violations [4]. - The CSRC has indicated that any potential criminal evidence will be forwarded to the public security authorities for further investigation [4].