登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 2025年12月20日，贵州百灵企业集团制药股份有限公司（以下简称"贵州百灵"或"公司"）发布公告称， 公司及相关责任人收到贵州证监局下发的《行政处罚事先告知书》（黔处罚字[2025]1号-11号）。据处 罚内容，其因2019-2021年虚增利润及2023年虚减利润致四年年报虚假记载，公司被警告并罚款1000万 元，11名相关责任人合计罚款1560万元，公司股票被实施其他风险警示，不触及重大违法强制退市。上 海市信本律师事务所赵敬国律师（执业证号：13101200410820485）提示，（1）于2024年1月31日-2024 年4月29日期间买入且有持仓，无论在2024年4月30日及之后是否卖出；（2）于2020年4月30日-2024年4 月29日期间买入且有持仓，无论在2024年4月30日及之后是否卖出的受损投资者，或可通过"新浪股民维 权平台 ...

据此，证监会决定对上市公司罚款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。 行情资料显示，*ST东通目前股价为3.02元/股，总市值不足17亿元。 2018年12月，东方通收购泰策科技100%股权，泰策科技成为东方通全资子公司。2019年至2022年期 间，东方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，导致东方通披露的2019年至 2022年年度报告存在虚假记载。东方通2019年至2022年分别虚增收入6145.10万元、8485.06万元、 12550.58万元、16052.95万元，分别占公司当期披露营业收入的12.29%、13.25%、14.54%、17.68%； 2019年至2022年分别虚增利润5222.79万元、5877.42万元、7948.22万元、12369.20万元，分别占公司当 期披露利润总额的34.11%、22.72%、30.35%、219.43%。 此外，《行政处罚决定书》还显示，*ST东通公告的证券发行文件编造重大虚假内容。 2022年6月至11月，东方通多次披露《向特定对象发行A股股票之募集说明书》(以下简称《募集说明 书》 ...

Core Viewpoint - *ST Dongtong's stock will be delisted, with a trading suspension starting from December 30, 2025, and a final trading date expected on January 21, 2026, following the revelation of false financial disclosures from 2019 to 2022 [1][2]. Group 1: Delisting Announcement - The Shenzhen Stock Exchange announced the termination of *ST Dongtong's stock listing [1]. - The stock will enter a delisting preparation period of fifteen trading days, with the first trading day having no price limit, followed by a 20% daily price limit [1]. Group 2: Financial Misconduct - From 2019 to 2022, *ST Dongtong inflated revenue and profits through fictitious business activities and premature revenue recognition, resulting in false disclosures [2]. - The company reported inflated revenues of 61.45 million, 84.85 million, 125.51 million, and 160.53 million for the years 2019 to 2022, representing 12.29%, 13.25%, 14.54%, and 17.68% of the reported revenue, respectively [2]. - The inflated profits for the same years were 52.23 million, 58.77 million, 79.48 million, and 123.69 million, accounting for 34.11%, 22.72%, 30.35%, and 219.43% of the reported profit, respectively [2]. Group 3: Regulatory Actions - The China Securities Regulatory Commission (CSRC) imposed a fine of 229 million on *ST Dongtong and a total of 44 million on seven responsible individuals, with the actual controller facing a 10-year ban from the securities market [3]. - The company was found to have fabricated significant false content in its securities issuance documents, including the prospectus for a stock issuance that raised approximately 2.2 billion [3]. Group 4: Current Market Status - As of the latest data, *ST Dongtong's stock price is 3.02 yuan per share, with a total market capitalization of less than 1.7 billion [4].

Core Viewpoint - Guizhou Bailing, once hailed as the "first stock of Miao medicine," has been exposed for financial fraud spanning four years, leading to a fine of 10 million yuan and a change in stock designation to "ST Bailing" [1][2]. Financial Fraud Details - From 2019 to 2021, Guizhou Bailing inflated profits by a total of 655 million yuan through improper accounting of sales expenses, with 2020's inflated profit accounting for 115.35% of the reported total profit for that year [2][4]. - In 2023, the company reversed its approach, overstating sales expenses by 459 million yuan, resulting in a net loss of 415 million yuan, marking the first annual loss since its listing [4][10]. - The fraudulent activities involved delaying the recognition of sales expenses, thereby artificially inflating profits, which misled investors regarding the company's financial health [2][4]. Management and Regulatory Actions - The actual controller and chairman, Jiang Wei, faces a fine of 5 million yuan and a 10-year ban from the securities market due to his knowledge of the fraudulent activities and failure to act [6][10]. - Other executives, including the general manager, were fined a total of 15.6 million yuan for their roles in the financial misconduct [1][10]. - The company's stock was suspended for one day and will be subject to risk warnings, with a new trading limit of 5% following its relisting [10]. Company Background - Jiang Wei, who transformed Guizhou Bailing from a struggling company to a market leader, saw his wealth peak at 16.5 billion yuan in 2017 before facing financial difficulties due to high stock pledges [6][9]. - The company went public in 2010, raising approximately 1.381 billion yuan, but has since faced significant challenges leading to its current situation [7][9].

Core Viewpoint - A significant number of A-share companies are changing their accounting firms due to issues related to two firms, Zhongxing Caiguanghua and Yongtuo, which are under investigation for involvement in financial fraud [1][3][12] Group 1: Company Actions - Over 50 A-share companies have terminated contracts with Zhongxing Caiguanghua and Yongtuo in the current month [1] - Companies such as International Industry, Zhengye Technology, and Jiecheng Co. have announced changes in their accounting firms [1] - Specific companies that have switched from Zhongxing Caiguanghua include ST Changfang, Tongniu Information, and Hangyu Micro, while those leaving Yongtuo include ST Shengxun and ST Jingang [2] Group 2: Reasons for Change - Companies cited the ongoing investigation of Zhongxing Caiguanghua as a reason for changing firms to avoid potential impacts on their 2025 audit work [1][3] - Yongtuo was penalized for its role in facilitating financial fraud for three companies, leading to its clients' decision to switch auditors [3][5] Group 3: Regulatory Environment - The regulatory environment remains stringent, with multiple companies facing penalties for financial misconduct, and intermediary firms being held accountable [1][10] - The China Securities Regulatory Commission (CSRC) has initiated investigations into the auditing practices of Zhongxing Caiguanghua and Yongtuo, emphasizing the importance of diligence in auditing [3][12] Group 4: Consequences for Accounting Firms - Zhongxing Caiguanghua is under investigation for failing to fulfill its auditing responsibilities, particularly in the case of ST Lifang, which reported inflated revenues of 638 million yuan from 2021 to 2023 [3] - Yongtuo has been fined over 65 million yuan and banned from providing securities services due to its involvement in fraudulent activities [5][12] Group 5: Client Relationships - Long-term clients of both accounting firms are rapidly severing ties, with some companies having worked with Zhongxing Caiguanghua for over five years [7] - Companies like ST Huizhou and Guomin Technology have switched auditors after initially planning to renew contracts with Zhongxing Caiguanghua [7][9]

2025.12. 22 本文字数：2905，阅读时长大约6分钟 作者 | 第一财经 周楠 年末，A股公司密集更换会计师事务所，而2家"出问题"的会计所正在持续"丢单"。 近期，多家与中兴财光华会计师事务所（下称"中兴财光华"）、永拓会计师事务所（下称"永拓 所"）有合作的A股公司，纷纷宣布变更会计所，涉及国际实业（000159.SZ）、正业科技 （300410.SZ）、捷成股份（300182.SZ）等。另据同花顺iFinD统计，月内已有50家A股公司与 上述2家会计所解约。 对于解约理由，部分公司提到，原拟续聘的中兴财光华被立案调查，为避免该事项对公司2025年审 计工作产生影响，因此改聘其他机构。 前期，因*ST立方（300344.SZ）长期财务造假被坐实，中兴财光华作为审计机构被立案调查；永 拓所则被查明配合鸿达兴业等3家公司造假，遭罚没6500余万元，并被禁止从事证券服务业务。 2025年即将收官，这一年里，资本市场延续严监管态势，财务造假的A股公司接连被处罚，而配合 造假方亦同步被罚。有证券律师告诉记者，若上市公司因财务造假被立案或处罚，监管通常会进行延 伸处理，即对配合造假的中介方一并立案或处罚。 ...

Core Viewpoint - The A-share market has seen a series of penalties for financial fraud, with both the fraudulent companies and their auditing firms facing consequences [1][2]. Group 1: Company Actions - Numerous A-share companies have recently changed their accounting firms, particularly those associated with Zhongxing Caiguanghua and Yongtuo Accounting Firms, due to ongoing investigations and penalties against these firms [2][3]. - Over 50 A-share companies have terminated contracts with the two problematic accounting firms within a month, citing concerns over the impact of ongoing investigations on their future audits [2][3]. - Companies such as International Industry, Zhengye Technology, and Jiecheng Co. have announced changes in their auditing firms, reflecting a broader trend of companies distancing themselves from firms implicated in financial misconduct [2][3]. Group 2: Regulatory Actions - Zhongxing Caiguanghua is under investigation for its role in the financial fraud of ST Lifang, which involved a cumulative revenue inflation of 638 million yuan from 2021 to 2023, potentially leading to mandatory delisting [4]. - Yongtuo Accounting Firm has been penalized over 65 million yuan for its involvement in the financial fraud of three A-share companies, including Hongda Xingye, which has already been delisted due to financial misconduct [5][6][7]. - The regulatory environment remains stringent, with the China Securities Regulatory Commission (CSRC) indicating that auditing firms will face severe penalties for failing to fulfill their responsibilities in detecting financial fraud [4][13]. Group 3: Industry Trends - The trend of companies switching auditors is accelerating, with over 30 companies parting ways with Zhongxing Caiguanghua and more than 10 with Yongtuo Accounting Firm in a short period [3][4]. - The ongoing scrutiny of auditing firms is part of a broader regulatory crackdown on financial misconduct in the capital markets, with multiple firms facing penalties this year [11][12]. - The CSRC's approach of "double investigation" means that if a listed company is penalized for financial fraud, the associated auditing firm is also likely to face investigation and penalties, reinforcing the accountability of auditing practices [13].

Core Viewpoint - Guizhou Bailing has been heavily penalized for financial fraud spanning from 2019 to 2023, with a total profit manipulation of 1.114 billion yuan, leading to significant fines for the company and its executives [1][2]. Financial Penalties and Fraud Details - Guizhou Bailing was fined 10 million yuan, while its actual controller and chairman Jiang Wei was fined 5 million yuan and banned from the securities market for 10 years [1]. - Other executives, including the former general manager and board members, received fines ranging from 350,000 to 2 million yuan, totaling 25.6 million yuan in penalties [1]. - The company manipulated profits by underreporting sales expenses and overstating profits over four years, with the most significant discrepancies occurring in 2019 and 2020 [1]. Company Performance - Guizhou Bailing reported revenues of 4.263 billion yuan in 2023, 3.825 billion yuan in 2024, and 2.102 billion yuan in the first three quarters of 2025, with year-on-year growth rates of 20.42%, -10.26%, and -24.28% respectively [2]. - The net profit figures were -412 million yuan in 2023, 37 million yuan in 2024, and 58 million yuan in the first three quarters of 2025, reflecting significant fluctuations in profitability [2]. Dispute with Huachuang Securities - A long-standing dispute with Huachuang Securities has escalated, originating from a 2018 rescue cooperation where Huachuang acquired a 11.54% stake in Guizhou Bailing for approximately 1.4 billion yuan [2][3]. - The relationship soured as Huachuang Securities began to exert control over the company, leading to allegations from Guizhou Bailing that Huachuang had transitioned from a financial investor to an actual controller [3]. - Legal actions have been initiated, with Guizhou Bailing accusing Huachuang of failing to sell its shares as agreed and manipulating stock prices through short selling [3][4]. Stock Market Impact - Guizhou Bailing's stock will be suspended for one day on December 22, 2023, and will resume trading under the new name "ST Bailing" on December 23, 2023, reflecting its status as a special treatment stock due to the financial penalties [1].

Core Viewpoint - Funu Dongfang has been penalized for financial fraud involving inflated profits through fictitious transactions, leading to a fine of 6.5 million yuan and a change in its stock designation to ST Funu upon resumption of trading [1][5]. Group 1: Regulatory Actions - On December 19, Funu Dongfang received a pre-penalty notice from the Guangdong Securities Regulatory Bureau for allegedly inflating profits by nearly 36 million yuan through fictitious transactions [1][5]. - The company will face additional risk warnings due to false financial disclosures in its annual reports [1][5]. - The stock name will change from "Funu Dongfang" to "ST Funu" upon resumption of trading on December 23 [1][5]. Group 2: Financial Fraud Details - In June 2020, Funu Dongfang's subsidiary, Dayu Jingdiao, engaged in a scheme with Chongqing Zhongguangdian to create false transactions, resulting in an inflated profit of 35.8 million yuan, which constituted 120.18% of the reported profit for that year [2][6]. - In 2021, Dayu Jingdiao recognized impairment losses on the inflated prepayments, leading to a reduction of 22.7 million yuan in profits, which was 6.64% of the reported profit for that year [2][6]. - The Guangdong Securities Regulatory Bureau concluded that Funu Dongfang's annual reports for 2020 and 2021 contained false records, violating relevant provisions of the Securities Law of the People's Republic of China [2][6]. Group 3: Investor Actions - Following the pre-penalty notice, a legal team from Shanghai Huzhi Law Firm is collecting claims from affected investors, with hundreds of claims already received [1][5]. - Investors who purchased shares between April 14, 2021, and December 6, 2024, and either sold or still hold shares at a loss after December 7, 2024, are eligible to participate in the claims process [1][5].

登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我们！ 一、正式处罚已下发 12月19日，ST远智（维权）公告称正式收到辽宁监管局下发的《行政处罚决定书》，经查明，公司因 系统性财务造假，导致2019年至2022年半年度期间的定期报告存在虚假记载。 2024年4月30日，因公司涉嫌信息披露违法违规，中国证监会决定对公司立案。随着正式处罚落地，针 对该公司信披违规一事也宣告终结。 投资者索赔行动已然开启，上海沪紫律师事务所刘鹏律师团队在该公司被立案之后就开始征集受损投资 者，已有部分案件递交立案。 虽然本次处罚未直接导致公司触及重大违法强制退市情形，但上市公司财务造假的违法事实已经过监管 机关铁证如山的认定，这为投资者民事索赔扫清了核心障碍。 针对其违规，索赔要求已明确，符合于2020年4月22日-2024年4月30日（含当日）期间买入，并在2024 年5月1日之后卖出或仍持有而亏损的即可报名索赔。（远大 ...