CDT(SZ:300344) Ge Long Hui A P P·2025-12-02 07:22Core Viewpoint - ST Lifan (300344.SZ) resumed trading with a limit down at 2.69 yuan, with over 1.4 million shares on hold, resulting in a market capitalization of 1.726 billion yuan; the total trading volume exceeded 3.8 million yuan for the day [1] Group 1: Company Financial Irregularities - On November 28, ST Lifan announced it received an "Administrative Penalty and Market Ban Notice" due to potential false records in its annual reports from 2021 to 2023, which may lead to mandatory delisting [1] - From 2021 to 2023, ST Lifan inflated its revenue by a total of 638 million yuan and costs by 628 million yuan through various means including agency business, financing trade, and false trade [1] - The inflated figures for each year are as follows: - 2021: Revenue inflated by 280 million yuan, costs inflated by 277 million yuan - 2022: Revenue inflated by 312 million yuan, costs inflated by 305 million yuan - 2023: Revenue inflated by 46 million yuan, costs inflated by 45 million yuan [1] Group 2: Market Reaction - Following the announcement, ST Lifan's stock was placed under delisting risk warning, changing its name from "ST Lifan" to "*ST Lifan (Rights Protection)" effective December 2 [1]