Core Viewpoint - The company and related parties received an administrative penalty notice from the Liaoning Securities Regulatory Bureau for financial misconduct involving revenue recognition practices from 2019 to 2022 [1] Group 1: Financial Misconduct - From March 2019 to June 2022, the company used forged acceptance certificates to prematurely recognize elevator sales revenue [1] - In 2021, the company recognized leasing business revenue based on unfulfilled leasing agreements, resulting in inflated revenues of 123 million yuan, 66 million yuan, and 147 million yuan for the years 2019, 2020, and 2021 respectively [1] - In the first half of 2022, the company reported a revenue reduction of 16 million yuan [1] Group 2: Regulatory Actions - The Liaoning Securities Regulatory Bureau plans to issue warnings and impose fines on the company and the seven related personnel, including the former chairman, Kang Baohua, for failing to fulfill their duties [1] - The company will face other risk warnings but has not reached the threshold for mandatory delisting due to significant legal violations [1]
远大智能:因财报虚假记载及相关人员未尽责将遭行政处罚