GDCH(SZ:000976) 中国基金报·2025-08-22 01:55Core Viewpoint - The China Securities Regulatory Commission (CSRC) has proposed a fine of 24.15 million yuan against Huatie Co., Ltd. and related personnel for recent violations, highlighting a strict enforcement attitude in the regulatory environment [2][3][9]. Summary by Sections Regulatory Actions - Huatie Co., Ltd. received an administrative penalty notice from the Guangdong Securities Regulatory Bureau, indicating new violations after its delisting from the A-share market [2][3]. - The company was delisted on August 27, 2024, after its stock price fell below 1 yuan for 20 consecutive trading days [5][7]. Violations and Penalties - The CSRC's notice details three main violations: failure to disclose related party transactions amounting to approximately 1.1 billion yuan, inflating inventory by 600 million yuan, and misreporting cash holdings by 50 million and 70 million yuan in different reports [8]. - The proposed penalties include a 5 million yuan fine for Huatie Co., a 9.5 million yuan fine for its actual controller, Xuan Ruiguo, and fines for other executives totaling 24.15 million yuan [8][9]. Previous Penalties - Huatie Co., Ltd. had previously faced severe penalties totaling 26.2 million yuan in May 2024 for serious information disclosure violations, including undisclosed large fund occupations and financial fraud [12]. - The regulatory actions reflect a commitment to holding companies accountable even after delisting, aiming to protect investors and maintain market integrity [3][12].