深圳证券交易所文件 深证上(2025) 1487 号 关于对协鑫能源科技股份有限公司及 相关当事人给予通报批评处分的决定 登录新浪财经APP 搜索【信披】查看更多考评等级 来源：国际投行研究报告 控股股东非经营性资金占用等四大问题！协鑫能科和控制人朱共山等 6 高管被深交所通报批评！ 当事人: 协鑫能源科技股份有限公司,住所:江苏省无锡市江阴市海 港路 18-1 号 202 室; 大仓港协鑫发电有限公司,住所:江苏省苏州市大仓市太仓 港港口开发区协鑫东路2号,协鑫能源科技股份有限公司同一控 制下的关联方; 上海国能投资有限公司,住所:上海市嘉定区沪宜公路 1255 号 L-125,协鑫能源科技股份有限公司同一控制下的关联方; 朱共山,协鑫能源科技股份有限公司实际控制人; -1- 朱钰峰,协鑫能源科技股份有限公司董事长: 费 智,协鑫能源科技股份有限公司副董事长、时任代行董 事会秘书; 彭 毅,协鑫能源科技股份有限公司财务总监; 生育新,协鑫能源科技股份有限公司时任财务总监; 杨而立,协鑫能源科技股份有限公司董事会秘书。 关于对协鑫能源科技股份有限公司、沈强、 生育新、彭毅的监管函 公司部监管函〔2025〕第 ...

Core Points - After nearly six months of investigation, Jiaying Pharmaceutical received a total fine of 4.9 million yuan for information disclosure violations, along with warnings and regulatory actions from the Guangdong Securities Regulatory Bureau and the Shenzhen Stock Exchange [2][5][9] Group 1: Administrative Penalties - The Guangdong Securities Regulatory Bureau issued an administrative penalty decision, imposing a fine of 1.5 million yuan on Jiaying Pharmaceutical, and additional fines on key executives: 1.6 million yuan on Chairman Li Neng, 1 million yuan on General Manager You Yongping, and 800,000 yuan on former CFO Shi Junping, totaling 4.9 million yuan [5][8] - Warnings and regulatory letters were issued to Jiaying Pharmaceutical and its executives, including Li Neng, You Yongping, Shi Junping, and former board secretary Xiao Qiaoxia [5][9] Group 2: Violations and Findings - The investigation revealed that Li Neng, as the actual controller of Hunan Yaojun Pharmaceutical Co., engaged in improper fund transfers between Jiaying Pharmaceutical and its related party, resulting in a total of approximately 220 million yuan in transactions, which accounted for 28.83% of Jiaying Pharmaceutical's latest audited net assets [7][8] - Jiaying Pharmaceutical failed to disclose related party transactions in a timely manner, including transactions with Gonghe Pharmaceutical, which involved approximately 8.76 million yuan, representing 1.15% of the company's latest audited net assets [7][8] Group 3: Additional Regulatory Actions - The Shenzhen Stock Exchange issued a public reprimand against Jiaying Pharmaceutical and its executives, citing violations related to non-operating fund transfers and improper financial assistance [12][13] - Jiaying Pharmaceutical provided a total of 65 million yuan in financial assistance to three non-related companies, with a maximum daily balance of 40 million yuan, which accounted for 5.24% of the company's latest audited net assets [12]

Core Viewpoint - Sanqi Interactive Entertainment has been fined a total of 32.55 million yuan due to violations of securities laws, including false reporting in annual reports from 2014 to 2020 and undisclosed related party transactions from 2018 to 2020. The company asserts that this will not have a significant impact on its operations [1]. Summary by Relevant Sections - **Fines Imposed**: The company has been fined 9 million yuan, while its actual controller, Li Weiwei, has been fined 14 million yuan, leading to a total penalty of 32.55 million yuan for the company and related parties [1]. - **Regulatory Compliance**: The company has stated its commitment to strictly adhere to regulatory requirements and improve operational standards [1]. - **Operational Impact**: The company claims that its production and operations remain normal and that the penalties will not significantly affect its business activities [1].

Group 1 - Company received a warning letter from Jiangsu Securities Regulatory Bureau due to three violations: improper use of raised funds, incorrect financial accounting for CTP+OLED products, and undisclosed related party transactions [2] - In 2023, the company misused raised funds by transferring them to a general settlement account to purchase bank wealth management products [2] - The financial accounting for CTP+OLED products was incorrectly recorded using the gross method instead of the net method, leading to a revenue and cost adjustment of 13.67 million yuan for Q3 2023 [2] Group 2 - Company reported significant revenue decline post-IPO, with revenues of 1.04 billion yuan in 2022, 661 million yuan in 2023, and projected 753 million yuan in 2024 [3] - The core reasons for continuous losses include weak demand in the consumer electronics market and intensified competition, resulting in declining product prices and increased inventory losses [3] - The gross margin dropped to 3% in 2023, improved to 8.7% in 2024, but still significantly lower than 18.35% in 2022 [3] Group 3 - Company is attempting to improve performance through cost-cutting and revenue-generating strategies [4] - Efforts include expanding market reach, increasing new customer development, and enhancing internal management to reduce various expenses [5] - Accounts receivable days improved from 102 days in 2023 to 80.55 days in 2024, while sales and management expense ratios showed slight improvements but remain below 2022 levels [5] Group 4 - In Q1 2025, the company reported revenue of 171 million yuan, a year-on-year increase of 4.83%, but continued to incur a net loss of 17 million yuan, a 70% increase in losses compared to the previous year [5]

Core Viewpoint - Qingyue Technology has faced regulatory scrutiny from Jiangsu Securities Regulatory Bureau due to three main issues: improper use of raised funds, non-compliance in financial accounting for new business, and undisclosed related party transactions [1] Group 1: Regulatory Issues - Qingyue Technology misused raised funds by transferring them to a general settlement account to purchase bank wealth management products in 2023 [1] - The company incorrectly recognized revenue for its CTP + OLED product trading business, reporting on a gross basis instead of a net basis, leading to a revenue and cost adjustment of 13.67 million yuan in the Q3 2023 report [1] - A related party transaction with Zaozhuang Hongyuan Construction Engineering Company, controlled by the chairman's relative, was not disclosed in the 2023 semi-annual report, involving a payment of 3.63 million yuan [1] Group 2: Management Accountability - The chairman and general manager, Gao Yudi, along with the board secretary and CFO, Zhang Xiaobo, are primarily responsible for the violations of information disclosure regulations [1] Group 3: Financial Performance - In the 2024 annual report, Qingyue Technology reported an operating income of 753 million yuan, a year-on-year increase of 13.96%, while the net profit attributable to shareholders was -69.49 million yuan, reflecting a 41.07% increase in losses [5] - The company's basic earnings per share were reported at -0.15 yuan [5] Group 4: Company Background - Qingyue Technology, established on December 30, 2010, is located in Kunshan, Jiangsu Province, and specializes in the R&D, production, and sales of small and medium-sized display panels [5]

Core Viewpoint - Qingyue Technology (688496) received a warning letter from Jiangsu Securities Regulatory Bureau due to multiple violations including improper use of raised funds, non-standard financial accounting for CTP+OLED product trade, and undisclosed related party transactions [1][2] Group 1: Violations - The company improperly transferred raised funds to a general settlement account to purchase bank wealth management products in 2023 [1] - For the CTP+OLED product trade, the company recognized revenue using the gross method instead of the net method, leading to a revenue and cost adjustment of 13.67 million yuan in the third quarter report [1] - Related party transactions with Zaozhuang Hongyuan Construction Engineering Company, controlled by a close relative of the actual controller, were not disclosed in the 2023 semi-annual report despite a payment of 3.63 million yuan [1] Group 2: Regulatory Response - Jiangsu Securities Regulatory Bureau stated that the company's actions violated multiple regulations including the Management and Use of Raised Funds and Information Disclosure Management Measures [2] - The chairman and general manager, Gao Yudi, along with the board secretary and financial director, Zhang Xiaobo, are held primarily responsible for the disclosure violations [2] Group 3: Company Performance - Qingyue Technology reported a revenue of 753 million yuan for 2024, a year-on-year increase of 13.96%, while the net profit attributable to shareholders was a loss of 69.49 million yuan, an improvement of 48.44 million yuan compared to the previous year [2] - In the first quarter of this year, the company achieved total revenue of 172 million yuan, a year-on-year growth of 4.83%, with a net loss of 15.99 million yuan, which is a decrease in loss compared to 8.00 million yuan in the same period last year [2]