CDT(SZ:300344) Xin Lang Cai Jing·2026-02-25 09:24Core Viewpoint - Recently, Lifan Shuke Co., Ltd. (*ST Lifan, code: 300344) announced that it received an administrative penalty decision and a notice of termination of stock listing, indicating serious violations related to false statements in financial reporting [1][4]. Group 1: Administrative Penalties - The Anhui Securities Regulatory Bureau found that Lifan Shuke engaged in false statements through various means, including agency business and fictitious trades, leading to inflated revenue and costs in its financial reports from 2021 to 2023 [1][4]. - Specific figures include: - In 2021, inflated revenue was approximately 279.73 million yuan, accounting for 50.09% of total revenue, and inflated costs were about 277.11 million yuan, making up 60.61% of total costs [1][4]. - In 2022, inflated revenue reached approximately 311.86 million yuan (51.67% of total revenue), and inflated costs were around 305.46 million yuan (53.54% of total costs) [1][4]. - In 2023, inflated revenue was about 45.87 million yuan (24.00% of total revenue), and inflated costs were approximately 45.23 million yuan (27.55% of total costs) [1][4]. - The regulatory authority imposed a fine of 10 million yuan on Lifan Shuke and issued warnings to responsible personnel, along with a 10-year market ban for three individuals [1][4]. Group 2: Legal Recourse for Investors - Investors affected by the false statements can file claims for compensation, which may include losses from price differences, commissions, and stamp duty [2][5]. - Claims can be made by investors who purchased *ST Lifan shares between April 25, 2022, and April 27, 2025, and held them until the market close on April 27, 2025 [3][6]. - Required documentation for claims includes securities account information, stock reconciliation statements from April 1, 2022, to the present, and contact information [6].