GOODWILL(SH:688246) Mei Ri Jing Ji Xin Wen·2025-11-29 04:53Core Viewpoint - Jiahe Meikang has faced disciplinary action from the Shanghai Stock Exchange due to significant accounting errors in its financial reports for 2022 and 2023, leading to substantial profit reductions and a worsening financial situation in 2024 [1][2][3]. Financial Reporting Issues - The company announced corrections to its financial statements, reducing the 2022 net profit by 3.4463 million yuan, which is 8.46% of the original amount, and the 2023 net profit by 10.213 million yuan, which is 50.35% of the original amount [1][2]. - The corrections were attributed to accounting errors, including misreporting of costs and insufficient provisions for inventory depreciation [2]. Disciplinary Actions - The Shanghai Stock Exchange criticized the company's former chairman and financial officer, requiring the company to implement corrective measures and submit a report within one month [3][4]. Financial Performance - Jiahe Meikang reported a significant decline in net profit from 2021 to 2024, with a projected net profit of -256 million yuan in 2024, reflecting a year-on-year decline of 893.31% [5]. - The company experienced a 27.22% decrease in revenue in the first half of the year, with a net loss of 116 million yuan, compared to a loss of 27.47 million yuan in the same period last year, marking a 323.29% increase in losses [6]. Market Position - Despite being recognized as the leading provider in the electronic medical record market in China for eleven consecutive years, the company's financial struggles contrast sharply with its market position [5].