连续三年财务造假，3倍牛股将终止上市

Core Viewpoint - *ST Lifan is facing a potential delisting due to significant financial misconduct, including false disclosures in its annual reports from 2021 to 2023, with over 500 million yuan in inflated revenue reported, exceeding 50% of the total disclosed revenue for those years [1][3]. Group 1: Company Announcements - On February 14, *ST Lifan received a notice from the Shenzhen Stock Exchange indicating the intention to terminate its stock listing [1]. - The company will be suspended from trading starting February 24 due to the ongoing investigation into its financial reporting [1]. Group 2: Stock Performance - Following a period of extreme volatility, *ST Lifan's stock experienced a dramatic rise of 314.9% over ten trading days, marked by seven consecutive trading halts [6]. - The stock faced two consecutive trading halts on February 12 and 13, with a drop of 20% each day [4][8]. Group 3: Regulatory Actions - The regulatory authorities have taken swift action in response to the unusual trading activity, leading to three separate trading suspensions within a month [6]. - The first suspension occurred on January 19 due to market rumors, followed by two additional suspensions for further investigation [6].