协助他人骗取出口退税2.42亿元，从中“收费”1600多万元！上市公司子公司被罚800万元，法代被判刑

Core Viewpoint - *ST Suwu has been involved in a significant legal case regarding tax fraud, leading to substantial penalties and potential delisting due to continuous financial misconduct [2][7]. Group 1: Legal Case Details - The company’s wholly-owned subsidiary, Jiangsu Wuzhong Import and Export Co., Ltd., was convicted of tax fraud, resulting in a fine of 8 million RMB [2]. - The key figure in the fraud, Lin Xiqin, manipulated export declarations by misrepresenting the products exported, leading to illegal tax refunds totaling approximately 242 million RMB [5][6]. - Yang Feng, the legal representative and chairman of Jiangsu Wuzhong, was sentenced to three and a half years in prison and fined 123,000 RMB for his role in the fraud [2][6]. Group 2: Financial Misconduct - The company has faced severe repercussions for continuous financial fraud over four years, which has triggered a mandatory delisting situation [7]. - On July 13, the company received a notice from the China Securities Regulatory Commission regarding administrative penalties, including a proposed fine of 10 million RMB [7].