Zhong Guo Ji Jin Bao·2026-01-02 14:44Core Viewpoint - *ST Rendo (stock code: 002647), previously known for its stock price crash, faces a significant penalty of approximately 74.88 million yuan due to regulatory violations by its subsidiary, Guangzhou Helibao Payment Technology Co., Ltd. [1][4] Group 1: Regulatory Penalty - The People's Bank of China Guangdong Branch issued an administrative penalty against Helibao for violations related to clearing management, account management, and merchant management, resulting in a total fine of 74.88 million yuan, which includes a fine of 62.80 million yuan and the confiscation of illegal gains amounting to 12.08 million yuan [4][5]. - The penalty is expected to significantly impact *ST Rendo's net profit for 2025, as the fine represents approximately 20% of the company's net profit of about 367 million yuan for the first three quarters of 2025 [4][5]. Group 2: Business Operations and License Status - Helibao, the main operating entity for *ST Rendo's third-party payment business, holds a payment business license issued by the People's Bank of China and is currently in a "suspended review" status for license renewal due to the restructuring of its indirect controlling shareholder [5][6]. - Despite the penalty, *ST Rendo reports that Helibao's business operations continue normally, and the company is actively communicating with regulatory authorities to resolve the issues leading to the suspension of the license renewal review [6][7]. Group 3: Market Performance - As of December 31, 2025, *ST Rendo's stock closed at 8.02 yuan per share, reflecting a 2.95% increase, with a total market capitalization of 9.065 billion yuan [7].