关联方非经营性资金占用

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募集资金都不放过!这家公司从上市伊始,就成实控人的个人取款机
Sou Hu Cai Jing· 2025-08-07 09:29
Core Viewpoint - The article highlights serious financial misconduct at Weikang Pharmaceutical, including the misuse of company funds by its actual controller, Liu Zhongliang, and the subsequent impact on the company's financial performance and project timelines [3][4][6]. Financial Misconduct - Liu Zhongliang has occupied company funds totaling 157 million yuan, including 54 million yuan of raised funds, under the guise of paying for engineering equipment [1][4]. - The funds were ultimately transferred to personal accounts controlled by Liu Zhongliang, constituting non-operational fund occupation [3][4]. - The balances of fund occupation by the actual controller from 2020 to mid-2023 were 78.12 million yuan, 89.51 million yuan, 147.28 million yuan, and 151.22 million yuan, representing 5.64%, 6.35%, 10.43%, and 10.24% of net assets respectively [3][4]. Regulatory Actions - The Zhejiang Securities Regulatory Bureau has ordered Weikang Pharmaceutical to rectify the situation, issuing a warning and imposing a fine of 5 million yuan on the company and 7 million yuan on Liu Zhongliang [4][6]. Project Delays - Weikang Pharmaceutical's initial fundraising projects have faced multiple delays, with the first phase of the health industry park originally scheduled for completion in December 2020, now pushed back multiple times to 2025 [6][7]. - The marketing center project has also seen significant delays, with no new investments reported for 2023 and 2024 [7][8]. Financial Performance - The company's financial performance has deteriorated significantly since its IPO, with net profit dropping from 96 million yuan in 2021 to a loss of 147 million yuan in 2024 [9][10]. - Revenue has also declined from 633 million yuan in 2021 to 351 million yuan in 2024, contrasting sharply with pre-IPO growth [9][10]. Dividend Payments - Despite the losses, Weikang Pharmaceutical has continued to distribute dividends, with cash dividends of 35.51 million yuan in 2023 and 19.89 million yuan in 2024, even as the actual controller holds nearly 70% of the company's shares [11].
ST长园: 关于上交所对公司2024年年度报告的信息披露监管问询函的回复公告
Zheng Quan Zhi Xing· 2025-07-10 16:21
Core Viewpoint - The company, Changyuan Technology Group Co., Ltd., is under scrutiny from the Shanghai Stock Exchange regarding its 2024 annual report due to issues related to non-operating fund occupation by related parties, leading to significant internal control deficiencies and accounting errors [1][2][3]. Group 1: Related Party Fund Occupation - The company’s chairman, Wu Qiquan, is linked to Zhuhai Yuntaili Holdings Co., Ltd., which has been identified as occupying company funds through third parties [1][2]. - The annual audit revealed that the auditors could not obtain sufficient evidence to identify all related parties, resulting in a qualified opinion on the financial statements [1][3]. - The company has acknowledged the need to correct accounting errors related to non-operating fund occupation in its financial reports for 2023 and 2024 [1][3]. Group 2: Supplier Information and Financial Data - The company identified seven suppliers involved in fund occupation, detailing their establishment dates, major financial data, and actual controllers [2][3][4]. - For example, Zhuhai Chengbangda has total assets of 261.73 million yuan and a net profit of 5.5 million yuan as of December 31, 2024 [3][4]. - The company has initiated self-inspections and requested confirmations from these suppliers regarding their actual controllers and any potential fund occupation [4][5]. Group 3: Internal Control Deficiencies - The company has recognized significant internal control deficiencies in its fund payment approval and related party transaction processes [1][2][3]. - Contracts and payments related to the identified suppliers were executed without proper authorization, leading to difficulties in detecting fund occupation [1][2][3]. - The company plans to implement corrective measures and hold responsible personnel accountable for these deficiencies [2][3][5]. Group 4: Financial Adjustments and Reporting - The company has made retrospective adjustments to its financial statements for the years 2023 and 2024 to reflect the impact of the identified accounting errors [1][2][3]. - The adjustments include changes to monetary funds, other receivables, and credit impairment losses [1][2][3]. - The company has committed to adhering to accounting standards and ensuring timely disclosures of any further adjustments needed [1][2][3].
ST东时: 联合资信评估股份有限公司关于东方时尚驾驶学校股份有限公司公开发行可转换公司债券2025年跟踪评级结果的公告
Zheng Quan Zhi Xing· 2025-06-30 16:44
Core Viewpoint - The credit rating of Dongfang Shifang Driving School Co., Ltd. has been downgraded from B to CCC, with a negative outlook due to significant financial challenges and operational issues [1][7]. Financial Performance - The company reported a decline in main business income in 2024, attributed to factors such as consumer downgrade and insufficient student enrollment, resulting in a revenue decrease of 375 million yuan compared to 2023 [1]. - The company recognized asset impairment losses and credit impairment losses on its subsidiaries due to underperformance [1]. Audit Findings - The audit report from Beijing Dehao International Accounting Firm raised concerns about the recoverability of receivables from related parties, including: - 302.49 million yuan receivable from Beijing Qianzhong Fantasy Technology Co., Ltd. with a bad debt provision of 30.25 million yuan, related to the purchase of 3,179 VR simulators [2]. - 49.86 million yuan receivable from Beijing Tonglong Automobile Sales Co., Ltd. with a bad debt provision of 15.73 million yuan, related to incomplete delivery of AI training systems [3]. - 35 million yuan receivable from the controlling shareholder, with a bad debt provision of 3.5 million yuan, related to non-operational fund occupation [4]. Internal Control Issues - The internal control audit report indicated significant deficiencies in managing and recovering funds from related parties, with unresolved issues regarding the delivery of VR simulators and AI systems [4][5]. Regulatory Actions - The company received a corrective order from the China Securities Regulatory Commission, requiring the recovery of 387 million yuan in occupied funds within six months, failing which trading suspension and potential delisting could occur [6]. - As of June 19, 2025, no funds had been recovered, leading to a trading suspension effective June 20, 2025 [6]. Credit Rating Status - The company maintains a credit rating of CCC, with a negative outlook, reflecting ongoing financial distress and operational challenges [7].
维康药业及相关责任人被罚超1400万元 公司近年业绩持续恶化,实控人刘忠良:困难是暂时的
Mei Ri Jing Ji Xin Wen· 2025-06-29 13:46
Core Viewpoint - Weikang Pharmaceutical faces administrative penalties from the Zhejiang Securities Regulatory Bureau for information disclosure violations, including non-disclosure of related party non-operating fund occupation and inaccuracies in convertible bond prospectus [1][2][5] Group 1: Administrative Penalties - The Zhejiang Securities Regulatory Bureau plans to impose a total fine exceeding 14 million yuan on Weikang Pharmaceutical and its responsible individuals, including a 5 million yuan fine on the company and a 7 million yuan fine on its actual controller Liu Zhongliang [1][5] - Liu Zhongliang, who served as the chairman from March 2015 until May 2024, has retired and is no longer involved in the company [1][2] Group 2: Fund Misappropriation - Liu Zhongliang directed Weikang Pharmaceutical to transfer funds under the guise of paying for engineering equipment, which were ultimately transferred to his personal account, constituting non-operating fund occupation [2][3] - From 2018 to 2020, Liu Zhongliang borrowed 56.29 million yuan from the company to support a friend's new drug development, which was used for various personal and business expenses [2][3] Group 3: Financial Performance - Weikang Pharmaceutical's net profit has declined since its IPO in 2020, with losses reported in 2023 and the first quarter of 2025, showing a significant drop in revenue and profitability [6][7] - The company's gross margin has decreased from 72.41% in 2020 to 50.39% in 2023, attributed to a decline in high-margin prescription drug sales and increased costs [7] Group 4: Future Outlook - Liu Zhongliang expressed optimism about the company's future, focusing on the development and production of traditional Chinese medicine products, believing that difficulties are temporary and new growth will emerge in two to three years [7]
ST长园回复上交所问询“留白”:五类提问仅答其二,资金占用、转亏、内控缺陷待解
Mei Ri Jing Ji Xin Wen· 2025-06-13 02:40
Core Viewpoint - ST Changyuan has disclosed its response to the Shanghai Stock Exchange's inquiry letter, addressing only two out of five major issues, while deferring responses on significant matters such as non-operating fund occupation by related parties, operating performance, and audit opinions due to the complexity of the issues involved [1][2][3]. Group 1: Financial Performance - In 2024, ST Changyuan reported a revenue of 7.874 billion yuan, a year-on-year decrease of 7.22%, and a net loss attributable to shareholders of 978 million yuan, marking a shift from profit to loss primarily due to a significant decline in the profitability of its main business and large goodwill impairment [2][3]. - The company’s accounts receivable at the end of the reporting period amounted to 3.515 billion yuan, with a provision for bad debts of 570 million yuan, including 233 million yuan for specific accounts [4]. Group 2: Related Party Transactions - The chairman of ST Changyuan, Wu Qiquan, controls Zhuhai Yuntaili Holdings Development Co., Ltd., which has occupied company funds through third parties, with balances of 294 million yuan and 264 million yuan at the end of 2023 and 2024, respectively [2][3]. Group 3: Audit Opinions - Due to the non-operating fund occupation by related parties, the financial report for 2024 received a qualified audit opinion, and the internal control report received a negative opinion [3]. Group 4: Accounts Receivable Financing - The accounts receivable financing balance at the end of 2024 was 492 million yuan, a year-on-year increase of 117.51%, primarily due to accounts receivable notes [4]. - The company reported a prepayment balance of 307 million yuan at the end of 2024, a year-on-year increase of 141.16%, mainly due to new prepayments for materials related to renewable energy projects [4][5].
天力锂能: 民生证券股份有限公司关于天力锂能集团股份有限公司资金占用情况专项现场检查报告
Zheng Quan Zhi Xing· 2025-05-27 10:24
Core Viewpoint - The report details a special on-site inspection conducted by Minsheng Securities regarding non-operating fund occupation by related parties of Tianli Lithium Energy Group, highlighting significant financial transactions and corrective measures taken by the company [1][2][8]. Group 1: Inspection Overview - Tianli Lithium Energy has experienced a total of 97 million yuan in fund occupation since 2024, primarily involving prepayments for lithium ore and transactions with related companies [1][2]. - Specific transactions include a prepayment of 58 million yuan to Aba Gaoyuan Lithium Battery Materials Co., with subsequent fund transfers leading to an occupation of 36 million yuan [1][2]. - The company also made a prepayment of 40 million yuan to Pingdingshan Xinkuo for battery-grade lithium carbonate, which resulted in a similar fund occupation situation [5][6]. Group 2: Rectification Measures - The company has implemented corrective actions, including reprimanding management and financial personnel, and adjusting their positions due to failure to identify fund usage risks [6][7]. - A written commitment from the controlling shareholder, Wang Ruiqing, has been obtained to prevent future fund occupation incidents, along with a promise to pay 645,400 yuan in occupation fees [5][6]. - The company plans to enhance internal audit functions and compliance awareness to prevent recurrence of such issues [6][7]. Group 3: Future Actions - Minsheng Securities will continue to monitor the situation and ensure compliance with relevant regulations and internal controls regarding related transactions and fund management [8]. - The company is expected to conduct training on compliance and governance to improve awareness of operational norms and risk management [6][8].
云创数据财务造假疑云:被立案后突发修正业绩 2.6亿营收变5000万 信披真实性有几成?
Xin Lang Zheng Quan· 2025-04-30 09:32
Core Viewpoint - YunChuang Data is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, leading to significant financial restatements and potential delisting risks [1][4][15]. Financial Performance - In the first quarter of 2025, YunChuang Data reported a dramatic revenue decline of nearly 80%, with revenue falling below 9 million yuan, a fraction of the previous year's figures [6]. - The company revised its 2024 financial results, reducing reported revenue by 212 million yuan to 50 million yuan, and net profit by 65 million yuan to -174 million yuan [4][11]. - The company’s revenue for 2024 was initially reported at 262 million yuan, with a net loss of 109 million yuan [4]. Audit Findings - The auditing firm issued an "unable to express an opinion" report on YunChuang Data's 2024 financial statements due to several unresolved issues, including the CSRC's investigation and unverified major financial adjustments [7]. - Significant concerns were raised regarding the company's receivables from its controlling shareholder, amounting to 535 million yuan, indicating potential non-operational fund occupation [7][11]. Financial Irregularities - YunChuang Data is suspected of financial fraud, including the misuse of raised funds, with over 177 million yuan improperly used from the fundraising account [11]. - The company has shown a pattern of declining revenues over two consecutive years while maintaining stable accounts receivable, raising red flags about the authenticity of its financial reporting [9]. Asset Management - The company reported a substantial decrease in construction in progress from 230 million yuan to 37 million yuan within a year, which is inconsistent with its operational model [10]. - By the end of 2024, YunChuang Data's inventory dropped to 33 million yuan, a decrease of 83.91% from the previous year, alongside significant reductions in fixed and intangible assets [13]. Regulatory Implications - If found guilty of continuous false reporting over three years, YunChuang Data could face mandatory delisting under the North Exchange Stock Listing Rules [15][16]. - The adjustments made to the 2024 financials align with thresholds that could trigger severe penalties, including potential delisting due to the magnitude of the financial misstatements [16].