来源：金色光-投资有道 剑桥科技赴港上市前夕，控股股东减持套现2.85亿元，其一致行动人也套现近7500万元。公司曾因信披违规被上交所监管关注，对比最新的港股 申报材料和A股公开信披，仍有一些信披矛盾。更奇怪的是，子公司西安剑桥的工商电话和代加工厂相同。 来源：摄图网 剑桥科技忙着赴港上市，控股股东减持套现2.85亿元 10月14日，上海剑桥科技股份有限公司（证券简称：剑桥科技；证券代码：603083.SH）发布公告表示，公司董事会审议通过关于确定H股全球发 售及香港联交所上市相关事宜的议案。同日，剑桥科技表示，公司已按照有关规定在香港联交所网站刊登本次发行聆讯后资料集。 9月30日，剑桥科技公告披露，发行H股事项获证监会备案；10月9日，香港联交所上市委员会举行上市聆讯，审议了公司本次发行上市的申请。 剑桥科技的赴港上市进程可谓是紧锣密鼓。 不过，剑桥科技忙着赴港上市的同时，公司控股股东却忙着减持A股股票。 4月28日，剑桥科技向香港联交所递表。5月14日，剑桥科技发布公告表示，公司控股股东Cambridge Industries Company Limited（以下简称：CIG 开曼）及其一致行动人上海康 ...

退市公司再遭监管处罚。10月15日晚，苏阳光5（原"江苏阳光"）公告，因信息披露违法违规，公司及 相关当事人收到《行政处罚事先告知书》。 | 姓名/名称 | 类别 | 具体任职/关联关系 | | --- | --- | --- | | 江苏阳光股份有限公司 | 挂牌公司或其子公司 | 公司 | | 陆宇 | 童监高 | 时任法定代表人、董事长 | | 高青化 | 童监高 | 时任总经理、董事 | | 杨之豪 | 童监高 | 董事会秘书 | | 潘新雷 | 董监高 | 时任财务总监 | 2023年5月18日，江苏阳光向阳光集团支付1.3亿元转让款；5月22日，江苏阳光分两笔向阳光集团支付 1300万元、2700万元，合计完成了对1.7亿元转让款的支付。 然而，截至2023年12月31日，阳光集团未配合江苏阳光完成不动产权属转移登记变更手续，也未归还 1.7亿元转让款。 但江苏阳光并未及时披露上述事实。公司在2024年1月31日公告的《2023年度业绩预告》中仅披露称， 截至报告期末，公司实际使用前述地块，国有土地使用证已交付公司保管，不动产权属转移登记变更手 续尚未办理完成。 后来，江苏阳光又在《2023年年度 ...

Core Viewpoint - Ruiyi Group is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which has led to a significant drop in its stock price [1][2]. Group 1: Regulatory Issues - Ruiyi Group has been repeatedly penalized for information disclosure violations, with the latest investigation initiated on October 14 [1][2]. - In August 2023, the CSRC decided to investigate Ruiyi Group and its actual controller for similar violations [2]. - The Shandong Securities Regulatory Bureau found that Ruiyi Group had transferred a total of 594 million yuan to its controlling shareholder, Ruiyi Technology, through fictitious procurement transactions without timely disclosure of related party transactions [2]. Group 2: Financial Performance - In the first half of 2025, Ruiyi Group reported revenue of 154 million yuan, a year-on-year decrease of 32.25%, and a net loss of 95.73 million yuan, marking three and a half consecutive years of losses with a cumulative loss of 2.13 billion yuan [3]. - The company attributed its continued losses to non-cash expenses such as depreciation and impairment, as well as external factors like U.S. tariff policies and supply chain shifts, which have led to weak consumer demand and reduced order volumes [3]. - Ruiyi Group has faced multiple warnings and penalties related to inaccurate earnings forecasts and undisclosed related party transactions over the years, indicating ongoing compliance issues [3].

10月14日晚间，如意集团（002193）公告称，公司于2025年10月14日收到中国证监会下发的《立案告知书》，因涉嫌信息披 露违法违规，根据相关法律法规，中国证监会决定对公司进行立案。 如意集团表示，公司将积极配合中国证监会立案调查工作，并严格按照相关法律法规的规定和监管要求及时履行信息披露义 务。目前，公司各项生产经营活动正常有序开展，本次立案不会对公司生产、经营和管理造成重大影响。 证券代码:002193 证券简称:如意集团 公告编号:2025-029 2025 年 10 月 14 日 值得注意的是,此前,如意集团及其高管因多项违规被出具警示函。 山东如意毛纺服装集团股份有限公司 关于公司收到中国证券监督管理委员会立案告知书的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整,对公告的虚假 记载、误导性陈述或者重大遗漏负连带责任。 山东如意毛纺服装集团股份有限公司(以下简称"公司")于2025年10 月 14 日收到中国证券监督管理委员会(以下简称"中国证监会")下发的《立 案告知书》（编号:证监立案字 0042025015 号）,因涉嫌信息披露违法违规, 根据《中华人民共和国证券法》《中华人 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has decided to initiate an investigation into Ru Yi Group for suspected violations of information disclosure laws, as indicated by the notice received on October 14, 2025 [2]. Summary by Relevant Sections Investigation Details - Ru Yi Group received a formal notice from the CSRC regarding the investigation due to alleged information disclosure violations, based on the Securities Law and Administrative Penalty Law [2]. - The specific reasons for the violations have not been disclosed in the announcement, but the company has a history of being subjected to administrative regulatory measures [4]. Historical Regulatory Actions - Ru Yi Group has faced multiple administrative measures in the past, with the most recent being on April 30, 2025, when it received a warning from the Shandong Securities Regulatory Bureau for various issues [5]. - The company was found to have inaccurately disclosed 104 million yuan in non-operating income due to debt forgiveness, which did not meet recognition criteria [5]. - Additionally, the company revised its 2024 annual performance forecast, indicating a significant loss, and failed to properly disclose related party transactions involving its controlling shareholder [5]. Financial Performance - Ru Yi Group has experienced a continuous decline in revenue since 2018, with total revenue dropping from 1.328 billion yuan to 449 million yuan [6]. - The company has reported substantial net losses for three consecutive years, with losses exceeding its revenue during the same period, and a net loss of approximately 95 million yuan in the first half of 2025 [6]. - As of October 14, 2025, the company's total market capitalization was 1.521 billion yuan, with around 25,600 shareholders [7].

Group 1 - The core viewpoint of the article emphasizes the increasing protection for small and medium investors by regulatory bodies, including the Supreme People's Court and the China Securities Regulatory Commission (CSRC) [1][3] - The Supreme People's Court has issued a draft interpretation regarding the Company Law, which includes provisions for the return of excessive compensation by executives in cases of financial fraud [3] - The CSRC and the Ministry of Finance have proposed a whistleblower reward system, offering 3% of the penalty amount for each case, with a maximum reward of 1 million yuan [3] Group 2 - Several listed companies, including ST Tian Sheng, Nanxin Pharmaceutical, and others, have faced regulatory penalties or investigations due to information disclosure violations [1][3] - ST Tian Sheng has been flagged for financial fraud, leading to additional risk warnings on its stock trading [4] - Nanxin Pharmaceutical's stock price dropped over 30% following the announcement of an investigation for annual report disclosure violations [5] Group 3 - KJY has been penalized for providing unauthorized guarantees amounting to 150 million yuan without proper board approval [6] - Baiyin Nonferrous Metals received a notice for significant omissions in its annual reports regarding 3 billion yuan in financial products [7] - Hainan Huatie's termination of a 3.69 billion yuan contract has raised regulatory concerns, leading to significant stock price declines [8] Group 4 - Investors affected by the aforementioned companies may be eligible for compensation if they meet specific criteria, such as purchase and sale dates of the stocks [9] - The conditions for potential claims include specific time frames for stock purchases and sales for each company involved [9] - Investors can register their losses through the "Claim Tong" public account and may need to provide documentation such as ID copies and account information [10]

登录新浪财经APP 搜索【信披】查看更多考评等级 按照《上市公司信息披露管理办法》（证监会令第182号）第五十二条第三项和《上市公司监管指引第8 号一一上市公司资金往来、对外担保的监管要求》（证监会公告〔2022〕26号）第二十三条的规定，我 局决定对你公司采取出具警示函的监管措施，并记入证券期货市场诚信档案。你公司应当高度重视上述 问题，切实提高信息披露质量，于收到本决定书之日起30日内向我局报送书面报告。 如果对本监督管理措施不服，可以在收到本决定书之日起60日内向中国证券监督管理委员会提出行政复 议申请，也可以在收到本决定书之日起6个月内向有管辖权的人民法院提起诉讼。复议与诉讼期间，上 述监督管理措施不停止执行。" 证券代码：600111证券简称：北方稀土 公告编号：2025一053 中国北方稀土（集团）高科技股份有限公司关于收到内蒙古证监局警示函的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 2025年10月13日，中国北方稀土（集团）高科技股份有限公司（以下简称公司）收到中国证券监督管理 委员会内蒙古监管局（ ...

Core Viewpoint - Northern Rare Earth (600111) received a warning letter from the Inner Mongolia Securities Regulatory Bureau due to the occupation of funds by related parties and failure to fulfill information disclosure obligations [1][5]. Group 1: Regulatory Actions - From February 2019 to December 2024, Northern Rare Earth's subsidiary, Baogang Group Energy Conservation and Environmental Protection Technology Co., Ltd., paid a total of 8.9485 million yuan in wages, benefits, and insurance for the controlling shareholder's subsidiary, Inner Mongolia Baolan Environmental Protection New Materials Co., Ltd. [5] - The warning letter identified this behavior as non-operating fund occupation by related parties, and Northern Rare Earth did not disclose this matter as required [5]. - On October 10, the Shanghai Stock Exchange had already issued a regulatory warning to Northern Rare Earth and its related party, requiring them to take effective measures to rectify the violations [6]. Group 2: Company Response - Northern Rare Earth stated that it takes the issues raised in the warning letter seriously and will strengthen the study of relevant laws and regulations, improve internal management, and enhance the quality of information disclosure to prevent similar incidents in the future [8]. - The company emphasized that the administrative regulatory measures will not affect its normal business operations [8]. Group 3: Market Reaction - On October 13, amidst a surge in the rare earth sector, Northern Rare Earth's stock hit the daily limit, with a trading volume of approximately 21.5 billion yuan, making it the top stock by trading volume on that day in the Shanghai and Shenzhen markets [8].

Core Viewpoint - Northern Rare Earth received a warning letter from the Inner Mongolia Securities Regulatory Bureau regarding non-operational fund occupation by its subsidiary, totaling 8.9485 million yuan [1] Summary by Relevant Sections Regulatory Action - The warning letter indicates that from February 2019 to December 2024, the subsidiary Baotou Steel Group Energy Conservation and Environmental Protection Technology Co., Ltd. issued salaries, benefits, and insurance payments amounting to 8.9485 million yuan to Inner Mongolia Baolan Environmental New Materials Co., Ltd., constituting non-operational fund occupation [1] - The Inner Mongolia Securities Regulatory Bureau decided to issue a warning letter as a regulatory measure, which will be recorded in the securities and futures market integrity file [1] Company Response - Northern Rare Earth emphasized the importance of the issues raised in the warning letter and committed to learning from the experience, enhancing internal management, and improving information disclosure quality to prevent similar incidents in the future [1] - The company stated that the administrative regulatory measures will not affect its normal business operations and will continue to comply with relevant laws and regulations regarding information disclosure [1] Market Reaction - Following the announcement, Northern Rare Earth's stock hit the daily limit, with a trading volume exceeding 21.4 billion yuan [1]

Core Points - The company received a warning letter from the Inner Mongolia Securities Regulatory Bureau regarding non-compliance with regulations related to related party transactions and information disclosure [1][2] - The company’s subsidiary, Baogang Group Energy Conservation and Environmental Protection Technology Industry Co., Ltd., was found to have improperly handled funds related to Baolan Environmental Protection Company, totaling 8.9485 million yuan [1][2] Group 1 - The company’s subsidiary issued salaries, benefits, and insurance payments amounting to 8.9485 million yuan to Baolan Environmental Protection Company from February 2019 to December 2024 [1] - The subsidiary incurred related expenses of 5.8761 million yuan after being acquired from the controlling shareholder in June 2021 [1] - Baolan Environmental Protection Company has fully repaid the total amount of 8.9485 million yuan by December 31, 2024 [1] Group 2 - The actions of the company were found to be inconsistent with the requirements outlined in the Notice on Regulating Fund Transactions with Related Parties and External Guarantees [2] - The company violated the provisions of the Measures for the Administration of Information Disclosure by Listed Companies and the Regulatory Guidelines for Listed Companies regarding fund transactions and external guarantees [2] - As a result, the Inner Mongolia Securities Regulatory Bureau decided to issue a warning letter and record this in the integrity file of the securities and futures market [2]