FOET(SZ:300173) Ju Chao Zi Xun·2025-12-21 02:06Core Viewpoint - Fuyuan Dongfang has received a notice of administrative penalty for suspected violations of information disclosure laws, leading to a risk warning for its stock [2][3] Group 1: Company Announcements - On December 6, 2024, Fuyuan Dongfang received a notice of investigation from the China Securities Regulatory Commission (CSRC) for suspected information disclosure violations [2] - On December 19, 2025, the Guangdong Securities Regulatory Bureau issued a notice of administrative penalty to Fuyuan Dongfang [2] - The company reported that its subsidiary, Shenzhen Dayu Precision Technology Co., Ltd., inflated profits by 35,798,468.98 yuan in 2020, which accounted for 120.18% of the total profit disclosed in that year's annual report [2] Group 2: Financial Impact - In 2021, the company recognized a reduction in inflated prepayments, leading to a profit decrease of 22,650,928.29 yuan, which represented 6.64% of the total profit disclosed for that year [2] - The company has completed the sale of 100% equity in Dayu Precision in the first quarter of 2024, indicating that the subsidiary's business is unrelated to the company's current main operations [3] Group 3: Regulatory Actions - The Guangdong Securities Regulatory Bureau plans to impose a fine of 6.5 million yuan and issue a warning to Fuyuan Dongfang for the violations [3] - The stock will be subject to a risk warning, changing its name to "ST Fuyuan" while maintaining the stock code 300173, with a daily price fluctuation limit of 20% [3] Group 4: Company Response - The board of directors of Fuyuan Dongfang has issued an apology to investors and committed to reflecting on and rectifying past violations [4]