Core Viewpoint - Century Huatong has been found guilty of multiple violations related to financial reporting and has faced legal actions from investors seeking compensation due to these infractions [2][3]. Group 1: Legal Proceedings - On December 1 and November 28, 2025, a mediation agreement was reached in a compensation case for investors represented by attorney Xu Feng from Shanghai Jiucheng Law Firm, with investors receiving compensation [1][3]. - The law firm is actively pursuing further cases and accepting additional claims from investors [1][3]. - A new case was submitted to the court on December 2, 2025, indicating ongoing legal efforts [1][3]. Group 2: Regulatory Violations - On November 6, 2024, Century Huatong received an administrative penalty decision from the China Securities Regulatory Commission (CSRC) for false disclosures in annual reports from 2018 to 2022 [2][3]. - Specific violations include failing to conduct goodwill impairment tests in 2018, resulting in an underreporting of goodwill impairment by 62.363 million yuan [2][3]. - Errors in the disclosure of goodwill values and segment reporting were noted for the years 2019 to 2022, with non-compliance to accounting standards [2][3]. Group 3: Revenue Misrepresentation - Century Huatong was found to have fabricated software copyright transfer transactions, leading to inflated revenue figures in the 2020 annual report [2][4]. - The company also prematurely recognized revenue from another software copyright transfer, which inflated 2020 revenues and profits while reducing those for 2021 [2][4]. - False statements were made regarding the completion of performance commitments for the year 2020 [2][4].
再有一批世纪华通(002602)投资者索赔案调解获赔,同步再提交立案