在举报信中，中小股东指出，*ST龙宇大股东为徐增增一家3 人，大股东存在占用上市公司资金尚有8.68亿元未归还，"背 信损害上市公司利益"，涉嫌"恶意退市"等问题。 作者：张晓晖 封图：图虫创意 2025年5月29日晚间，上海龙宇数据股份有限公司（603003.SH，下称"*ST龙宇"或"龙宇股份"） 公告表示，因为个人及身体原因，公司实际控制人（下称"实控人"）之一徐增增女士申请辞去公司 董事长、董事、董事会下设专门委员会及公司法定代表人等职务。 徐增增现年73岁，是*ST龙宇的创始人，与刘振光、刘策一起为该公司的实控人，其中刘振光是徐 增增的丈夫，现年74岁；刘策是徐增增的儿子，现年48岁，在该公司担任董事、总经理。 公告显示，2025年5月30日，*ST龙宇因2024年度财务会计报告被出具无法表示意见的审计报告， 内部控制被出具否定意见的审计报告，触及终止上市条件，被上海证券交易所（下称"上交所"）决 定终止公司股票上市。6月10日，*ST龙宇股票进入退市整理期，预计最后交易日期为6月30日。 经济观察报记者获悉，目前有两拨*ST龙宇的中小股东提出诉求，合计持股份额超过11%。一拨中 小股东委托律师，提 ...

经济观察报记者 张晓晖 2025年5月29日晚间，上海龙宇数据股份有限公司（603003.SH，下称"*ST龙宇"或"龙宇股份"）公告表示，因为个人及身体原因，公司实际控制人（下称"实 控人"）之一徐增增女士申请辞去公司董事长、董事、董事会下设专门委员会及公司法定代表人等职务。 徐增增现年73岁，是*ST龙宇的创始人，与刘振光、刘策一起为该公司的实控人，其中刘振光是徐增增的丈夫，现年74岁；刘策是徐增增的儿子，现年48 岁，在该公司担任董事、总经理。 公告显示，2025年5月30日，*ST龙宇因2024年度财务会计报告被出具无法表示意见的审计报告，内部控制被出具否定意见的审计报告，触及终止上市条 件，被上海证券交易所（下称"上交所"）决定终止公司股票上市。6月10日，*ST龙宇股票进入退市整理期，预计最后交易日期为6月30日。 经济观察报记者获悉，目前有两拨*ST龙宇的中小股东提出诉求，合计持股份额超过11%。一拨中小股东委托律师，提出召开临时股东大会，改组董事会； 另一拨为42名中小股东，委托律师将一封约6000字的联名举报信提交监管部门，并计划向上海金融法院提起行政诉讼，请求撤销退市决定。在举报信中，中 ...

Core Viewpoint - The company, Zhejiang Weihai Construction Group Co., Ltd., is under multiple risk warnings due to violations related to guarantees and fund occupation, leading to its stock being labeled as "ST Weihai" since May 29, 2019 [5][4][10]. Group 1: Risk Warnings and Financial Issues - The company has faced risk warnings since 2019 due to various issues, including frozen bank accounts and significant internal control deficiencies [4][10]. - As of April 21, 2025, the company received a notice indicating false financial disclosures in its annual report, resulting in additional risk warnings [12][3]. - The company has been involved in legal disputes related to guarantees and fund occupations, with significant amounts involved, including a total of 1.354 billion yuan in guarantees and 346.35 million yuan in fund occupations [6][10]. Group 2: Restructuring and Financial Recovery - The company received a total of 856.39 million yuan from restructuring investors for the purchase of rights to recover funds related to violations [11][2]. - The company also received 92.80 million yuan in interest from the restructuring investors, indicating a recovery of some financial stability [11][2]. - The main bank accounts of the company have been unfrozen, allowing for normal operations to resume [11][2]. Group 3: Audit and Compliance - The auditing firm Huaxing Certified Public Accountants issued a standard unqualified opinion on the company's internal control audit report for 2024, suggesting improvements in compliance [11][2]. - The company has been actively disclosing updates regarding its financial and operational status through various announcements on the Giant Tide Information Network [11][5].

Core Viewpoint - ST Dongshi, known as the "driving school leader," is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, marking a significant regulatory concern for the company [2][5]. Group 1: Regulatory Investigation - On May 30, ST Dongshi received a notice from the CSRC regarding the initiation of an investigation due to alleged information disclosure violations [5]. - This investigation follows a previous warning from the Beijing Securities Regulatory Bureau for failing to return raised funds to a designated account on time [2][5]. - The company has faced internal control issues, with its 2024 financial report receiving a negative opinion from auditors regarding the effectiveness of internal controls [6][5]. Group 2: Financial and Operational Challenges - ST Dongshi reported a significant decline in its first-quarter revenue, amounting to 138 million yuan, a year-on-year decrease of 26.31% [10]. - The company incurred a net loss attributable to shareholders of 48.02 million yuan in the first quarter, compared to a loss of 35.11 million yuan in the same period last year [10]. - The company is also dealing with substantial non-operational fund occupation by its controlling shareholder, amounting to approximately 220 million yuan, which has not been repaid as of May 30 [6][7]. Group 3: Internal Control and Management Issues - ST Dongshi's internal control deficiencies include significant flaws, fund occupation, and violations of related party transactions [6]. - The company has faced challenges in managing its transactions with related parties, as evidenced by failed attempts to regularize these transactions through shareholder meetings [8]. - There are ongoing issues with the procurement of VR driving training simulators, which have not been fully delivered, highlighting management and risk control weaknesses [8]. Group 4: Market Position and Company Background - ST Dongshi, established in 2005 and headquartered in Beijing, is a leading enterprise in the national driver training industry and the only A-share listed driving school in Beijing [10]. - The company operates on a 3,000-acre site in Beijing, recognized by the World Record Association as the "largest driving training institution globally" [10]. - As of May 30, ST Dongshi's stock price was 2.74 yuan per share, with a total market capitalization of 1.959 billion yuan [11].

"因决策疏漏、内控失严及关联方资金占用等问题，让公司陷入困局，终止上市的消息如重锤砸在心上 ——我满心愧疚，夜夜难眠，在此向各位股东深深鞠躬致歉。"*ST龙宇创始人徐增增在《致龙宇股份 中小股东的一封信》中表示。日前，徐增增申请辞去公司董事长、董事、董事会下设专门委员会及公司 法定代表人等职务。 上市13年，历经风雨的*ST龙宇即将告别A股。 5月30日晚，*ST龙宇发布公告显示，公司收到上交所出具的自律监管决定书《关于上海龙宇数据股份 有限公司股票终止上市的决定》，上交所决定终止该公司股票上市。退市整理期交易起始日为6月10 日，退市整理期的交易期限为15个交易日，预计最后交易日期为6月30日。 锁定退市 根据公告，*ST龙宇董事会于近日收到公司董事长徐增增的辞职报告。*ST龙宇表示，徐增增的辞职不 会导致公司董事会成员低于法定最低人数，不会影响公司日常经营及董事会的正常运行，其辞职报告自 送达董事会之日起生效。公司将按照相关规定和程序，尽快完成增补董事、选举董事长及相关董事会专 门委员会调整等相关工作，并及时履行信息披露义务。 在公司董事会未选举出新任董事长之前，暂由公司董事刘策代行董事长、法定代表人职责 ...

Group 1 - ST Baili (603959) closed at 4.13 yuan on May 30, 2025, up 5.09% from the previous week, with a market cap of 2.025 billion yuan, ranking 37th in the professional engineering sector and 4880th in the A-share market [1] - The company received an administrative penalty notice from the Hunan Regulatory Bureau of the China Securities Regulatory Commission (CSRC) regarding contract violations with seven suppliers, totaling prepayments of 191.91 million yuan, which were misappropriated for personal debts [1] - The CSRC plans to impose a fine of 4 million yuan on ST Baili and additional fines on individuals involved, including 600,000 yuan on Wang Hairong, 80,000 yuan on Wang Wei, and 50,000 yuan on Yu Lanjian, along with a three-year market ban for Wang Hairong [1] Group 2 - The company stated that the penalties do not trigger major violations that would lead to mandatory delisting, and its production and operations remain normal [1] - ST Baili plans to enhance internal governance and improve the quality of information disclosure following the penalties [1]

Core Viewpoint - The regulatory authorities in China are intensifying their scrutiny of the misuse of funds by listed companies, particularly focusing on the actions of major shareholders and actual controllers who exploit company resources for personal gain [1][2][3]. Regulatory Actions - The China Securities Regulatory Commission (CSRC) has introduced new rules requiring listed companies to promptly demand the return of misappropriated funds and disclose the reasons for such actions, their impact on the company, and the rectification plans [1][2]. - As of May 28, 2023, there have been 48 administrative measures or penalties against 37 companies related to fund misuse, including warnings, fines, and orders for correction [1][2]. Enforcement Against Major Shareholders - The regulatory bodies are targeting the "key minority," which includes major shareholders and executives who engage in fund misappropriation, with a focus on both direct and indirect methods of fund occupation [2][3]. - Specific cases, such as the reprimand of ST Dongshi for failing to return 106 million yuan of raised funds, illustrate the ongoing enforcement actions against individuals involved in fund misuse [2][3]. Accountability Mechanisms - The regulatory framework emphasizes that misappropriated funds must be returned, with strict deadlines for rectification and potential delisting for non-compliance [4][5]. - Companies are encouraged to utilize legal measures, such as lawsuits and asset freezes, to recover misappropriated funds, ensuring the protection of minority shareholders [5][6]. Independent Oversight - Independent directors are actively involved in urging management to recover misappropriated funds, as seen in the case of ST Changkang, where independent directors issued a reminder to address fund occupation issues [6]. - The China Securities Investor Services Center is promoting collective and derivative lawsuits to enhance investor protection and ensure accountability for fund misuse [6].

监管文件揭开更触目惊心的内幕：2023年6月至2024年6月，金花股份通过预付款形式将5200万元转 至"董事长实控企业"，构成典型关联方资金占用。更荒诞的是，公司竟挪用募资炒股，最终需向自然人 借款3000万元填补窟窿。 近日，金花股份（维权）董事长邢雅江因涉嫌持股变动信披违规被证监会立案，并遭350万元顶格罚款 的重磅利空。而穿透层层公告，这家上市28年的药企正深陷家族资本运作、财务造假与治理失效的连环 危机。 一、董事长隐秘涉案引爆监管利剑 据公告披露，邢雅江早在2024年4月因涉嫌犯罪被公安机关取保候审，却迟至四个月后才向公司报告， 导致金花股份信披严重滞后。陕西证监局直指其"未履行勤勉尽责义务"，开出350万元个人罚单——这 已是2024年12月证监会立案后的第二波重锤。 资本老手邢雅江的"隐秘操作"早有伏笔。2020年其子邢博越通过法拍拿下11.64%股权，随后邢氏家族通 过西部投资集团逐步掌控董事会。截至2025年一季报，邢博越持股已升至19.63%，身兼副董事长、副 总经理要职，形成"父掌权、子控股"的独特格局。 二、年报暴露资金腾挪术：5200万占款+募资炒股 四、单一产品困局：金天格胶囊独 ...

Core Viewpoint - The regulatory environment is becoming increasingly stringent, with a "zero tolerance" approach towards financial fraud, information disclosure violations, and fund misappropriation, leading to significant scrutiny of listed companies [1] Group 1: ST Longyu - ST Longyu has been placed under investigation by the China Securities Regulatory Commission (CSRC) for suspected information disclosure violations, with a total of 9.18 billion yuan in non-operating fund misappropriation identified [2] - The company failed to disclose significant related party transactions and had issues with the commercial substance of certain trade operations, resulting in false records in its financial reports for 2022 and the first half of 2023 [2] - The company faces the risk of forced delisting if it cannot recover the misappropriated funds within the stipulated timeframe [2] Group 2: ST Huamei - ST Huamei has been formally investigated by the CSRC for suspected information disclosure violations, confirming 14.35 billion yuan in non-operating fund misappropriation [4] - The company reported significant fund flows lacking commercial substance, with a total outflow of 81.39 billion yuan and inflow of 68.52 billion yuan, leading to a balance of 14.35 billion yuan in questionable transactions [4] - The investigation highlights serious flaws in the company's fund management practices, which may violate securities laws [4] Group 3: Guangji Pharmaceutical - Guangji Pharmaceutical has received a notice from the CSRC regarding an investigation into suspected information disclosure violations, following a previous warning from the Hubei Securities Regulatory Bureau [5][6] - The company had previously acknowledged accounting errors related to revenue recognition methods, which raised concerns about the accuracy of its financial disclosures [6] - The ongoing investigation will significantly impact the company's compliance and market credibility [6] Group 4: Xiangyuan Cultural Tourism - Xiangyuan Cultural Tourism and its actual controller have been placed under investigation by the CSRC for suspected information disclosure violations [7] - The specifics of the violations have not yet been disclosed, but the investigation will assess the company's compliance with information disclosure regulations [7] - The outcome of the investigation is expected to be a focal point for market observers [7]

每经头条（nbdtoutiao）——困在流量中的村支书们：争议、焦虑与更值得关注的问题 2024年1至12月份，奋达科技的营业收入构成为：消费类电子占比66.27%，健康电器-20231231及以后占 比26.59%，其他业务占比6.08%，其他行业占比1.06%。 每经AI快讯，2025年5月19日，深交所向深圳市奋达科技（SZ 002681，收盘价：7.23元）股份有限公司 及相关当事人发出监管函：根据《深圳证监局关于对深圳市奋达科技股份有限公司及肖奋、谢玉平、肖 晓、周桂清采取出具警示函措施的决定》及本所查明，深圳市奋达科技股份有限公司及相关当事人存在 以下违规行为：2023年11月至2025年3月，奋达科技控股股东及实际控制人肖奋累计非经营性占用公司 资金955.98万元。截至2025年3月，相关非经营性资金占用的全部本金及利息已归还。另外，公司对回 购股份费用的财务核算不规范，相关财务信息披露不准确。奋达科技的相关行为违反了本所《股票上市 规则》第1.4条、第2.1.1条、第4.1.1条和第4.1.3条的规定。公司控股股东、董事长肖奋、总经理谢玉 平、财务总监肖晓、董事会秘书周桂清未能恪尽职守、履行 ...