600200，触及重大违法强制退市！

Core Viewpoint - *ST Suwu is facing potential delisting due to significant violations of disclosure regulations and financial misstatements, as determined by the China Securities Regulatory Commission (CSRC) [1][2][3] Group 1: Violations and Financial Misstatements - The company and its related parties failed to disclose the actual controller and made false records in annual reports from 2018 to 2023, including inflated revenue, costs, and profits [1][2] - Specific inflated figures include: - Revenue inflated by 495.26 million CNY (26.46%), 468.51 million CNY (26.39%), 430.75 million CNY (21.26%), and 376.66 million CNY (16.82%) from 2020 to 2023 [2] - Costs inflated by 480.68 million CNY (37.08%), 448.24 million CNY (35.47%), 410.82 million CNY (28.40%), and 355.44 million CNY (20.95%) during the same period [2] - Total profit inflated by 14.58 million CNY (2.89%), 20.27 million CNY (51.65%), 19.92 million CNY (26.42%), and 21.22 million CNY (29.81%) [2] Group 2: Regulatory Actions and Consequences - The CSRC has ordered the company to rectify its violations, issued a warning, and imposed a fine of 10 million CNY, with other parties facing varying penalties [2] - Due to the severity of the violations, the company's stock will be suspended from trading starting November 26, and it may face mandatory delisting under the Shanghai Stock Exchange rules [3] Group 3: Current Stock Performance - As of November 25, the stock of *ST Suwu closed at 1.24 CNY per share, with a total market capitalization of 881 million CNY [4]