Mei Ri Jing Ji Xin Wen·2025-12-20 03:31Core Viewpoint - Regulatory authorities have issued administrative penalties to four listed companies, emphasizing a strong stance against financial fraud and violations, regardless of the methods used or the amounts involved [2] Group 1: Company-Specific Violations - Far East Intelligent (ST远智) engaged in financial misconduct by using forged acceptance certificates to prematurely recognize revenue from elevator sales, resulting in inflated revenues of approximately 123 million yuan, 66.23 million yuan, and 138 million yuan from 2019 to 2021 [3][4] - Fuhua Oriental (福能东方) was involved in a scheme with its subsidiary, where it falsely recognized receivables and inflated profits by 35.8 million yuan in 2020, which accounted for 120.18% of the company's reported profit for that year [4][5] - Guizhou Bailin (贵州百灵) failed to adhere to accounting standards, leading to a misstatement of sales expenses and inflated profits by 350 million yuan in 2019 and 240 million yuan in 2020, among other discrepancies [7][8] - Bayi Steel (八一钢铁) was found to have significant non-operating fund transactions with its controlling shareholder, failing to disclose approximately 3.675 billion yuan in transfers in 2022 alone [9] Group 2: Regulatory Actions and Penalties - Far East Intelligent received a warning and a fine of 6 million yuan, with penalties imposed on its executives ranging from 200,000 to 3 million yuan [4] - Fuhua Oriental was fined 6.5 million yuan and received a warning, with its stock facing additional risk warnings due to the violations [5][6] - Guizhou Bailin faced a fine of 10 million yuan, and its chairman is subject to a 10-year ban from the securities market due to severe violations [7][8] - Bayi Steel was fined 3 million yuan, while its controlling shareholder was fined 4 million yuan for failing to disclose significant financial transactions [9]