重罚近1700万元!ST太重7年财务造假

Group 1 - ST Taiyuan Heavy Industry and several executives received disciplinary actions for information disclosure violations as announced by the Shanghai Stock Exchange on December 26, 2025 [1] - The responsible individuals include former General Manager Fan Weimin, former Chairman Wang Chuangmin, and others, who were involved in the misrepresentation of financial data [1][3] - The company overstated revenue and costs from 2012 to 2021, leading to false records in annual reports for multiple years, including a reported overstatement of operating income by 757 million yuan in 2014, which accounted for 8.39% of the disclosed operating income for that period [3] Group 2 - The China Securities Regulatory Commission (CSRC) imposed a total fine of 16.95 million yuan on ST Taiyuan Heavy Industry and its executives, with specific penalties for each individual based on the severity of their violations [4][6] - Fan Weimin received a lifetime ban from the securities market due to the severity of his violations, while Wang Chuangmin and others received bans ranging from 3 to 10 years [6] - The company was also ordered to correct its practices and received a warning along with a fine of 8 million yuan [4] Group 3 - For the first three quarters of 2025, ST Taiyuan Heavy Industry reported operating revenue of 7.028 billion yuan, a year-on-year increase of 10.0%, and a net profit attributable to shareholders of 85.06 million yuan, up 21.8% [7] - The company’s total assets reached 32.388 billion yuan by the end of the third quarter, reflecting a 3.6% increase from the previous year, while the net assets attributable to shareholders decreased by 3.1% to 5.094 billion yuan [8]