Group 1 - The stock of *ST Suwu (600200) closed at 0.95 yuan on September 18, 2025, with an increase of 2.15% and a turnover rate of 4.14% [1] - On September 18, 2025, the net outflow of main funds was 246.04 million yuan, accounting for 8.77% of the total transaction amount [1][3] - The company has been under investigation by the China Securities Regulatory Commission (CSRC) since February 26, 2025, for suspected violations of information disclosure [1] Group 2 - The company received an administrative penalty notice on July 13, 2025, for inflating revenue and profits through transactions with related companies, with inflated revenues reported from 2020 to 2023 totaling 49.53 million yuan, 46.85 million yuan, 43.07 million yuan, and 37.67 million yuan, respectively [1] - The inflated profits during the same period were reported as 1.46 million yuan, 2.03 million yuan, 1.99 million yuan, and 2.12 million yuan [1] - The company’s stock has been subject to a delisting risk warning since July 14, 2025, due to the potential for major illegal delisting circumstances [1][3]

Group 1 - The stock of Jiangsu Wuzhong Pharmaceutical Development Co., Ltd. (*ST Suwu) closed at 0.95 yuan on September 18, 2025, with a market capitalization of 675 million yuan, reflecting a 2.15% increase from the previous trading day [1] - The stock experienced a trading volume of 28.05 million yuan and a turnover rate of 4.14% on the same day [1] Group 2 - Jiangsu Wuzhong Pharmaceutical Development Co., Ltd. issued its eleventh risk warning regarding the potential for major illegal forced delisting due to suspected violations of information disclosure [2] - The company has been under investigation by the China Securities Regulatory Commission (CSRC) since February 26, 2025, for alleged violations [2] - The company’s subsidiaries were found to have inflated revenue, costs, and profits through transactions with related companies, with inflated revenues reported from 2020 to 2023 totaling approximately 494.26 million yuan, 468.51 million yuan, 430.75 million yuan, and 376.66 million yuan, representing 26.46%, 26.39%, 21.26%, and 16.82% of the respective reported revenues [2] - The inflated total profits during the same period amounted to approximately 14.58 million yuan, 20.27 million yuan, 19.92 million yuan, and 21.22 million yuan [2] - The stock has been subject to delisting risk warnings since July 14, 2025, and if formal penalties confirm delisting criteria, the stock will be terminated from listing [2]

又一家上市公司因严重财务造假被中国证监会查处，将被退市。 近日，中国证监会对深交所创业板上市公司北京东方通科技股份有限公司（以下简称"*ST东通 （300379）"）涉嫌定期报告等财务数据存在虚假记载作出行政处罚事先告知。经查，*ST东通连续4年 虚增收入和利润，违反证券法律法规。 在市场人士看来，今年以来，重大违法强制退市数量创新高，形成了强大的执法震慑，促使上市公司 及"关键少数"更加敬畏法律、敬畏市场，依法依规经营。 连续4年虚增收入和利润 9月12日晚，*ST东通发布公告称，收到中国证监会《行政处罚事先告知书》（以下简称《告知 书》）。根据《告知书》，*ST东通2019年、2020年、2021年、2022年年度报告信息披露存在虚假记 载、公告的证券发行文件编造重大虚假内容。 《告知书》显示，2018年12月，*ST东通收购北京泰策科技有限公司（以下简称"泰策科技"）100%股 权，泰策科技成为东方通全资子公司。2019年至2022年期间，*ST东通通过泰策科技虚构业务、提前确 认收入等方式虚增收入、利润，导致*ST东通披露的2019年至2022年年度报告存在虚假记载，4年间合 计虚增收入4.32亿元， ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued a notice of administrative punishment against Beijing Orient Telecom Science & Technology Co., Ltd. (*ST Dongtong*) for suspected false reporting of financial data, indicating serious violations of securities laws and regulations [1][3]. Group 1: Financial Misconduct - *ST Dongtong* has inflated its revenue and profits for four consecutive years, leading to significant legal repercussions [3]. - The CSRC plans to impose a fine of 229 million yuan on the company and a total of 44 million yuan on seven responsible individuals [3]. - The actual controller of *ST Dongtong* faces a 10-year ban from the securities market due to these violations [3]. Group 2: Potential Consequences - The company is suspected of major illegal activities that could lead to mandatory delisting, prompting the Shenzhen Stock Exchange to initiate delisting procedures [3]. - The CSRC will transfer any potential criminal evidence to the public security authorities in accordance with relevant legal standards [3]. Group 3: Market Impact - As of September 12, *ST Dongtong*'s stock price closed at 6.58 yuan, reflecting a decline of over 56% year-to-date, with a total market capitalization of 3.671 billion yuan [4].

记者丨黎雨桐 对于可能涉及的犯罪线索，证监会将坚持应移尽移的工作原则，严格按照《刑法》《最高人民检察院公安部关于公安机关管辖的刑事案件立案 追诉标准的规定（二）》的规定移送公安机关。 编辑丨吴桂兴 截至9月12日收盘，*ST东通股价报收6.58元，年内跌超56%，总市值36.71亿元。 据证监会网站消息，近日，证监会对深交所创业板上市公司北京东方通科技股份有限公司（简称*ST东通）涉嫌定期报告等财务数据存在虚假 记载作出行政处罚事先告知。 （声明：文章内容仅供参考，不构成投资建议。投资者据此操作，风险自担。） 出品 | 2 1财经客户端 南财快讯工作室 编辑 | 黎雨桐 实习生林芷仪 六个核桃卖不动了，前衡水首富转身搞起半导体 西贝承认部分菜品是隔夜菜 深圳罗湖二手房签约量激增109% SFC 21君荐读 经查，ST东通连续四年虚增收入和利润，违反证券法律法规。证监会拟对上市公司罚款2.29亿元，对7名责任人合计罚款4400万元，对实际控 制人采取10年证券市场禁入。ST东通涉嫌触及重大违法强制退市情形，深交所将依法启动退市程序。 ...

Core Viewpoint - *ST Gaohong has faced significant stock price declines, with a continuous drop for 20 trading days, closing at 0.8 yuan per share as of September 5 [1] Group 1: Stock Price and Trading Activity - The company has experienced a continuous decline in stock price, with a 20-day trading halt, indicating severe market concerns [1] - As of September 1, the stock price fell below 1 yuan, raising the risk of delisting due to trading rules [6] Group 2: Regulatory Issues and Financial Irregularities - The company received an administrative penalty notice from the China Securities Regulatory Commission (CSRC) for inflating revenue and profit figures from 2015 to 2023, with inflated revenues totaling 6.94 billion yuan to 56.34 billion yuan across various years [4] - The CSRC's notice also indicated that the company had engaged in fraudulent issuance of shares during its non-public offering in 2021, raising 1.25 billion yuan based on false financial data [5] - The cumulative litigation and arbitration amount against the company stands at 3.176 billion yuan, which is 386.88% of the latest audited consolidated net assets [6]

关于公司股票可能被实施重大违法强制退市的第五次风险提示 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，不存在虚假 记载、误导性陈述或者重大遗漏。 证券代码：000851 证券简称：*ST 高鸿 公告编号：2025-112 大唐高鸿网络股份有限公司 罚字〔2025〕62 号）。根据收到的《行政处罚事先告知书》认定情况，公司 2015 年至 2023 年年度报告分别虚增营业收入 6.94 亿元、24.52 亿元、24.20 亿元、 占各期披露营业收入的 9.34%、28.27%、26.97%、35.18%、49.38%、35.38%、21.11%、 亿元、56.12 亿元、24.68 亿元、17.96 亿元、7.32 亿元、3.86 亿元;分别虚 增利润总额 67.36 万元、243.88 万元、242.24 万元、1,282.80 万元、2,190.52 万元、1,542.38 万元、894.46 万元、370.74 万元、788.21 万元，占各期披露 利润总额绝对值的 0.42%、1.44%、0.99%、13.56%、64.88%、11.35%、22.11%、 与此同时，《行政处罚事先告知书》 ...

Core Viewpoint - Shenzhen Guangdao Digital Technology Co., Ltd. faces a significant risk of being forcibly delisted due to major legal violations, as indicated by the China Securities Regulatory Commission's investigation and subsequent notifications [2][3][6] Group 1: Investigation and Delisting Risk - The company was investigated by the China Securities Regulatory Commission on December 4, 2024, for suspected violations of information disclosure [3] - On June 13, 2025, the company received a notice indicating that it may be subject to forced delisting due to major legal violations as per the Beijing Stock Exchange listing rules [2][3] - The company has issued multiple risk warning announcements regarding the potential for forced delisting, with the first warning issued on June 13, 2025, and subsequent warnings issued regularly [3][4][6] Group 2: Regulatory Compliance and Future Actions - The company has not planned any major restructuring, debt restructuring, or significant business collaborations, urging investors to be cautious of stock price speculation risks [3][6] - The company is committed to cooperating fully with the regulatory authorities and will adhere to information disclosure obligations as required [6] - If a formal administrative penalty decision is received, the company will apply for a trading suspension and disclose relevant information promptly [6]

公司于 2025 年 2 月 26 日收到中国证监会《立案告知书》（证监立案字 法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公司立案。 具体内容详见公司于 2025 年 2 月 27 日披露的《关于收到中国证券监督管理委员 会立案告知书暨风险提示公告》（公告编号：临 2025-007）。 （处 证券代码：600200 证券简称：*ST 苏吴 公告编号：临 2025-102 江苏吴中医药发展股份有限公司关于公司股票 可能被实施重大违法强制退市的第九次风险提示公告 正式处罚决定为准。敬请广大投资者关注后续公告并注意投资风险。 司后续收到行政处罚决定书，显示公司触及重大违法类强制退市情形，公司将申 请停牌，并及时披露有关内容。上海证券交易所将在停牌之日起的 5 个交易日内， 向公司发出拟终止股票上市的事先告知书，后续将根据《上海证券交易所股票上 市规则》的相关规定，作出是否终止公司股票上市的决定。 本公司董事会及董事会全体成员保证公告内容不存在虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实、准确和完整承担法律责任。 重要风险提示： 罚字〔2025〕58 号），认定公司子公司江苏吴中进出口有限公 ...

Core Viewpoint - The company, Yuancheng Environment Co., Ltd., is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false disclosures in financial reports, which poses significant risks of forced delisting due to major violations [1][3]. Financial Risks - For the first half of 2025, the company reported revenue of 82.34 million yuan and a net loss attributable to shareholders of 126.80 million yuan, which may lead to delisting risks if the annual report does not meet the requirements set by the Shanghai Stock Exchange [2]. - The company is subject to a risk warning due to its financial performance, and if the 2025 annual report does not meet the delisting criteria, the company's stock may be terminated from listing [2]. Operational Status - As of the announcement date, the company's business activities are reported to be operating normally, and the CSRC's investigation is ongoing without any conclusive findings yet [3]. - The company and its controlling shareholder are cooperating with the CSRC's investigation and will provide monthly updates on the progress of the investigation as required by the stock listing rules [3]. Risk Warnings - The company faces uncertainties regarding its ability to continue operations and liquidity risks, with multiple bank accounts frozen, totaling a significant amount in restricted funds [2].