300551前实控人，操纵市场，有期徒刑六年

Core Viewpoint - Guoao Technology (300551) announced that its former controlling shareholder and actual controller, Chen Chongjun, was sentenced to six years in prison for manipulating the securities market, along with a fine of 4 million RMB [1][2]. Company Impact - The company stated that the judgment against Chen Chongjun, who is no longer in any operational role, will not have a significant adverse impact on its production and operations, which are currently normal [2]. - Chen Chongjun was the founder of Guoao Technology and held key positions such as Chairman and General Manager until he resigned from the latter in October 2021 and was no longer a board member as of May 2023 [2]. Shareholder Changes - On December 12, 2023, Chen Chongjun transferred his voting rights for 67.69 million shares to Xu Yinghui, making Xu the new actual controller with a total voting rights percentage of 24.41% [4]. - The company plans to conduct a private placement of up to 40 million shares to Xu Yinghui at a price of 10.8 RMB per share, aiming to raise no more than 432 million RMB for working capital [4][5]. Financial Performance - Guoao Technology has reported losses for three consecutive years, with increasing loss margins. As of the end of 2024, the company recorded a total revenue of 297.8 million RMB, a 47.60% decrease year-on-year [8]. - The net profit attributable to shareholders was -35.12 million RMB, reflecting a significant decline compared to previous years [9]. - For the first three quarters of 2025, the company achieved a revenue of 109.44 million RMB, down 49.58% year-on-year, with a net profit of -164.26 million RMB [10].