Group 1 - ST Lifan has received a notice of administrative punishment and market ban due to long-term systematic financial fraud, leading to potential forced delisting from the capital market [1][2] - The company reported false financial statements for the years 2021, 2022, and 2023, which may trigger significant violations leading to mandatory delisting [1][2] - The total amount of false revenue reported for 2021 and 2022 reached 592 million, accounting for 50.91% of the total disclosed annual revenue for those years, directly triggering delisting standards [2] Group 2 - The company’s stock will be suspended from trading starting December 1, 2025, and will resume trading on December 2, 2025, with a risk warning label changing from "ST Lifan" to "*ST Lifan" [1] - Legal actions for compensation have begun against ST Lifan, with evidence supporting future investor lawsuits [1][2] - The auditing firm involved in ST Lifan's financial fraud, Zhongxing Huaguang, is under investigation by the China Securities Regulatory Commission [2]
ST立方财务造假遭重罚,受损股民还可索赔
Xin Lang Cai Jing·2025-12-01 07:41