FUDAN FORWARD(SH:600624) Xin Lang Cai Jing·2026-01-20 08:38Core Viewpoint - Fudan Fuhua Technology Co., Ltd. has been found guilty of information disclosure violations, leading to administrative penalties against its chairman, Chu Mopeng, for failing to accurately report financial data in annual reports from 2019 to 2023 [2][3][4]. Group 1: Violations and Findings - The company reported false information in its 2019 and 2020 annual reports, specifically failing to accurately account for construction costs related to the Fuhua Wenyuan residential project, resulting in an understatement of operating costs by 50.6522 million yuan in 2019, which inflated total profits by 50.6522 million yuan, accounting for 60.25% of the reported profit for that year [2] - In 2020, the company again understated operating costs by 2.592 million yuan, inflating total profits by the same amount, which represented 7.11% of the reported profit for that year [2] - In the 2023 annual report, the company incorrectly combined high-rise residential and villa assets for inventory impairment testing, leading to an understatement of asset impairment losses by 27.8213 million yuan, inflating total profits by 27.8213 million yuan, which accounted for 118.48% of the reported profit for that year [3] Group 2: Administrative Actions - Chu Mopeng, who served as chairman and acting general manager from November 2020 to September 2023, was found directly responsible for the company's information disclosure violations and was penalized with a warning and a fine of 500,000 yuan [4] - The company has issued announcements regarding prior accounting errors and has cooperated with investigations, which were considered in determining the penalties [4] - The penalty must be paid to the national treasury within 15 days of receiving the decision, and there are provisions for administrative review or litigation if the decision is contested [5]