元成股份财务造假被罚3745.5万 东北证券为第二大股东

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has imposed penalties on Yuancheng Environment Co., Ltd. and its actual controller, Zhu Changren, for financial misconduct, including false reporting in annual reports and misleading information in stock issuance documents [1][4]. Group 1: Financial Misconduct - Yuancheng Environment's annual reports from 2020 to 2022 contained false records, with inflated costs and revenues related to the Yuelongshan project, resulting in a total inflated operating cost of approximately 158.44 million yuan, inflated operating income of about 208.90 million yuan, and inflated total profit of around 50.46 million yuan [2]. - The inflated figures for the 2020 annual report included an operating cost increase of approximately 115.08 million yuan, operating income increase of about 153.56 million yuan, and profit increase of around 38.48 million yuan, representing 22.75%, 21.48%, and 36.60% of the disclosed amounts, respectively [2]. - For 2021, the inflated operating costs were about 25.08 million yuan, with operating income and profit inflated by approximately 36.17 million yuan and 11.09 million yuan, representing 5.99%, 6.31%, and 19.32% of the disclosed amounts, respectively [2]. - In 2022, the inflated operating costs were around 18.28 million yuan, with operating income and profit inflated by approximately 19.17 million yuan and 885,931.40 yuan, representing 7.22%, 5.86%, and 1.62% of the disclosed amounts, respectively [2]. Group 2: Stock Issuance Misrepresentation - In 2022, Yuancheng Environment fabricated significant false content in documents related to its non-public stock issuance, which raised approximately 284.55 million yuan [4]. - The financial data cited in the stock issuance documents regarding the Yuelongshan project for 2020 and 2021 was found to be untrue and inaccurate [4]. Group 3: Regulatory Actions and Penalties - The CSRC has ordered Yuancheng Environment to rectify its practices, issued a warning, and imposed a fine of approximately 37.45 million yuan [5]. - Zhu Changren, as the actual controller, received a warning and a fine of 28 million yuan for his role in the misconduct [5]. - Other executives, including Zhou Jinhai, Yao Lihua, and Chen Ping, also faced penalties for failing to ensure the accuracy and completeness of financial disclosures, with fines ranging from 200,000 to 5 million yuan [6].