Zhong Guo Ji Jin Bao·2026-01-02 13:29Core Viewpoint - *ST Rendo's subsidiary, He Li Bao, has been fined 74.88 million yuan by the People's Bank of China for regulatory violations, which may significantly impact the company's net profit for 2025 [2][6]. Group 1: Regulatory Penalties - He Li Bao received a total fine of 74.87 million yuan, which includes a fine of 62.80 million yuan and the confiscation of illegal gains amounting to 12.08 million yuan [5]. - The violations identified during the inspection period from September 1, 2022, to July 31, 2024, include breaches of clearing management, payment terminal management, merchant management, and account management regulations [5]. Group 2: Financial Impact - The fine represents approximately 20% of *ST Rendo's net profit of about 367 million yuan for the first three quarters of 2025 [6]. - The penalty will reduce the company's current profits, with the exact impact to be confirmed after the annual audit [5]. Group 3: Business Operations and Risks - He Li Bao's payment license renewal is currently in a "suspended review" status, posing a long-term survival risk for the company [7]. - The company is actively communicating with regulatory authorities to resolve the issues causing the suspension and plans to submit a report for resuming the review once the situation is rectified [7]. - The progress of the payment license renewal is subject to industry regulatory policies and may face delays due to policy changes or company-specific reasons [8].