Group 1 - ST Fuhua and related personnel received public reprimands from the Shenzhen Stock Exchange for violations [1] - In June 2020, ST Fuhua's subsidiary, Shenzhen Dayu Precision Technology Co., Ltd., engaged in fraudulent transactions with Chongqing Zhongguangdian Display Technology Co., Ltd., resulting in inflated profits of approximately 35.8 million yuan, which accounted for 120.18% of ST Fuhua's reported profit for 2020 [1] - In 2021, the subsidiary recognized impairment losses on the inflated prepayments, leading to a profit reduction of about 22.65 million yuan, representing 6.64% of ST Fuhua's reported profit for that year [1] Group 2 - The Shenzhen Stock Exchange imposed public reprimands on ST Fuhua and its former executives, including the chairman and general manager, for their involvement in the fraudulent activities [1]
深交所对ST福能及相关人员给予公开谴责处分