远大智能三年虚增营收3.36亿 与7名时任高管被罚2100万股票遭ST

Core Viewpoint - Yuan Da Intelligent (002689.SZ) has been heavily penalized for falsifying financial reports, leading to a total fine of 21 million yuan for the company and its executives due to the manipulation of revenue recognition and other violations [1][7][9]. Financial Misreporting - The company was found to have inflated its operating revenue by 336 million yuan and total profit by approximately 93.26 million yuan from 2019 to 2021 [6]. - Specific instances of revenue inflation include: - 2019: Revenue inflated by 123 million yuan (15.22% of reported revenue), profit inflated by 32.58 million yuan (31.48% of reported profit) [4]. - 2020: Revenue inflated by 66.23 million yuan (7.24%), profit inflated by 21.75 million yuan (300.55%) [4]. - 2021: Revenue inflated by 147 million yuan (15.21%), profit inflated by 38.93 million yuan (286.69%) [5]. Regulatory Actions - The company received an administrative penalty notice from the Liaoning Securities Regulatory Bureau, which included a warning and a fine of 6 million yuan for the company, while 7 executives were fined a total of 15 million yuan [1][8]. - Following the penalties, the company's stock was relisted with a risk warning, changing its name to "ST Yuan Zhi" and limiting trading fluctuations to 5% [9]. Company Performance - Yuan Da Intelligent has struggled financially, with only achieving a profit in 2023 after five consecutive years of losses from 2018 to 2022 [10]. - In 2023, the company reported a net profit of 31.01 million yuan and a net profit excluding non-recurring items of 5.33 million yuan [10]. - For the first three quarters of 2025, the company reported an operating revenue of 848 million yuan, a year-on-year increase of 14.38%, and a net profit of 41.82 million yuan, a significant increase of 609.62% [10].