虚增利润超4600万元，京山轻机将被ST

Core Viewpoint - Jing Shan Light Machine will be subject to risk warning and its stock will be renamed to "ST Jing Ji" due to inflated profits exceeding 46 million yuan, as confirmed by the China Securities Regulatory Commission [1][3][6] Group 1: Financial Misconduct - Jing Shan Light Machine's 2018 annual report was found to contain false records, leading to administrative penalties [3][5] - The company inflated its profits by 46.7 million yuan, which accounted for 25.49% of the total profit disclosed for that year [5] - The inflated revenue was achieved through false contracts and unfulfilled agreements by its subsidiary, Hui Da Cheng Intelligent Technology [5] Group 2: Regulatory Actions - The Hubei Securities Regulatory Bureau plans to issue a warning and impose a fine of 5 million yuan on the company [5] - Key individuals involved will also face penalties, with fines ranging from 30,000 to 250,000 yuan [5] - The stock will be suspended for one day on January 19 and will resume trading on January 20 with a new risk warning [5][6] Group 3: Company Response - The board of Jing Shan Light Machine has apologized to investors and committed to enhancing internal control measures [6] - The company aims to improve its internal supervision mechanisms to prevent future misconduct [6]