财联社·2025-12-19 14:34Core Viewpoint - Three A-share listed companies received administrative penalty notices from regulatory authorities for financial fraud, raising market concerns [1] Group 1: Guizhou Bailin - Guizhou Bailin reported false records in its annual reports for 2019, 2020, 2021, and 2023, leading to a warning and a change in stock designation to "ST Bailin" with a trading limit of 5% [2] - The company was found to have understated sales expenses, resulting in an inflated profit of 654.726 million yuan from 2019 to 2021, and overstated sales expenses in 2023, reducing profit by 459.411 million yuan [2] - Guizhou Securities Regulatory Bureau proposed a fine of 10 million yuan for the company and a total of 15.6 million yuan for 10 responsible individuals, with a 10-year market ban for one individual [2] Group 2: Funu Dongfang - Funu Dongfang received an administrative penalty notice for false records in its annual reports for 2020 and 2021 [5] - The company was involved in a scheme that inflated profits by 35.798 million yuan in 2020, which was 120.18% of the reported profit, and reduced profits by 22.651 million yuan in 2021, accounting for 6.64% of the reported profit [6] - The stock designation will change to "ST Funu" with a trading halt for one day starting December 22, 2025 [7] Group 3: ST Yuanzhi - ST Yuanzhi was penalized for false records in its annual reports from 2019 to 2022, with a fine of 6 million yuan imposed [10] - The company falsely recognized sales revenue from elevator sales using forged acceptance certificates, inflating revenue by 123.238 million yuan in 2019, 66.226 million yuan in 2020, and 138.250 million yuan in 2021 [11] - The company also inflated revenue by 9.148 million yuan in 2021 from a lease agreement that was never executed, leading to a profit inflation of 8.482 million yuan, which was 62.47% of the reported profit [12]