2025年9月5日晚间，岭南生态文旅股份有限公司（公司或岭南股份）披露，公司及公司原控股股东、公 司现任联席董事长兼总裁、法定代表人尹某某于近日收到中国证监会下发的《立案告知书》。 因涉嫌信息披露违法违规，根据《证券法》《处罚法》等法律法规，中国证监会决定对公司和尹某某立 案。 目前，尚不清楚涉嫌何具体违法行为，有待中国证监会进一步的披露。不过，早些时候，公司披露自 查，存在原实控人占用资金的情况，立案事项是否与此有关尚不清楚。 2025年4月29日，岭南生态文旅股份有限公司（公司或岭南股份）披露，公司自查发现原实控人占用资 金的情况，但已归还部分资金。 经自查发现，公司于2021年3月份向供应商支付了工程款1,000万元，经供应商核实，此2笔款项最终转 移支付至尹某某指定的公司，构成资金占用。尹某某已于2022年11月将上述占用资金归还至公司。 2024年1月份，公司陆续向供应商支付原材料货款，经供应商核实，款项最终转移支付至尹某某指定的 公司，公司认定上述情况属于通过供应商占用公司资金。根据自查的情况，占用期间为2024年1月至 今，尹某某日占用最高余额为20,000万元，占公司最近一期经审计归母净资产的 ...

截至9月26日收盘，新华锦股价报5.60元/股，跌幅达2.61%，总市值为24.01亿元。截至6月30日，公司股东人数为2.285万 户。 非经营性占用资金问题未在1个月内解决 公告显示，8月26日，新华锦收到青岛证监局出具的《关于对山东新华锦国际股份有限公司、新华锦集团有限公司、张建华 采取责令改正措施的决定》（以下简称《行政监管措施决定书》）。 【导读】非经营性占用资金问题未在1个月内解决，新华锦将被"ST" 9月26日晚间，新华锦公告称，公司股票将于9月29日停牌1天，自9月30日起被实施其他风险警示，股票简称变为ST新华 锦，转入风险警示板交易，股价日涨跌幅限制为5%。 新华锦将被实施其他风险警示，主要是其存在关联方非经营性占用资金问题，并且未在1个月内完成清偿和整改。 截至2025年半年度报告披露日，新华锦集团有限公司（以下简称新华锦集团）及其关联方非经营性占用新华锦的资金余额 达4.06亿元。 股权穿透后可见，新华锦集团通过全资子公司山东鲁锦进出口集团有限公司（以下简称鲁锦集团），间接持有新华锦 43.27%的股份，是新华锦的间接控股股东。 新华锦公告称，目前，新华锦集团及其关联方尚未归还占用资金 ...

【导读】非经营性占用资金问题未在1个月内解决，新华锦将被"ST" 中国基金报记者 闻言 9月26日晚间，新华锦公告称，公司股票将于9月29日停牌1天，自9月30日起被实施其他风险警示，股票简称变为ST新华锦，转入风险警 示板交易，股价日涨跌幅限制为5%。 新华锦将被实施其他风险警示，主要是其存在关联方非经营性占用资金问题，并且未在1个月内完成清偿和整改。 截至9月26日收盘，新华锦股价报5.60元/股，跌幅达2.61%，总市值为24.01亿元。截至6月30日，公司股东人数为2.285万户。 非经营性占用资金问题未在1个月内解决 公告显示，8月26日，新华锦收到青岛证监局出具的《关于对山东新华锦国际股份有限公司、新华锦集团有限公司、张建华采取责令改正措 施的决定》（以下简称《行政监管措施决定书》）。 股权穿透后可见，新华锦集团通过全资子公司山东鲁锦进出口集团有限公司（以下简称鲁锦集团），间接持有新华锦43.27%的股份，是新 华锦的间接控股股东。 新华锦公告称，目前，新华锦集团及其关联方尚未归还占用资金，非经营性占用公司资金余额为4.06亿元。 根据《行政监管措施决定书》及《上海证券交易所股票上市规则（2025 ...

Core Viewpoint - Recently, Sunrise Oriental Holdings Co., Ltd. received a warning letter from Jiangsu Securities Regulatory Bureau regarding non-operating fund occupation due to loans provided to a subsidiary of the controlling shareholder [1] Group 1 - From April to December 2024, the company's subsidiary provided loans totaling 27.5863 million yuan to the controlling shareholder's subsidiary, with a year-end balance of 551,600 yuan [1] - This situation constitutes non-operating fund occupation, and the company failed to disclose this information in a timely manner [1] - As of the end of January 2025, the loans have been fully repaid, and the company, controlling shareholder, and related personnel have received a warning letter that will be recorded in their integrity files [1] Group 2 - The company and related personnel will implement strict rectification measures, standardize fund transactions, and enhance learning to prevent similar incidents from occurring in the future [1] - The regulatory measures taken do not affect the normal operations of the company [1]

查看更多考评等级 出品：新浪财经上市公司研究院 文/夏虫工作室 核心观点：绝味财务造假或不仅仅只有ST风险，其体外隐匿的超7亿的资金是否被占用？税务合规问题 是否已解决？值得注意的是，控股股东旗下公司已经出现拖欠税款情形，超7亿体外资金是否可能被掏 空？此外，公司隐匿的高管与董事相互交织的关联交易背后，是否又折射出公司治理顽疾？ 近日，绝味食品因财务造假被ST引发市场关注。 与大部分财务造假虚增业绩不同的是，此次绝味食品财务造假属于隐藏业绩。 根据公告显示，戴文军时任公司董事长兼总经理，知悉公司实际管理加盟门店装修业务，未对加盟门店 装修业务进行规范管理，未将其纳入到上市公司经营、核算体系，并在2017年至2021年年度报告上签 字，是直接负责的主管人员。彭才刚时任公司财务总监，安排财务部员工出借个人银行账户，未规范加 盟门店装修业务的核算，并在2017年至2019年年度报告上签字，是其他直接责任人员。彭刚毅时任公司 董事会秘书，未规范公司信息披露行为，并在2017年至2020年年度报告上签字，是其他直接责任人员。 可以看出，公司将家门店的装修业务通过个人银行账户进行体外循环。至此，我们疑惑的是，其是否构 成 ...

Core Viewpoint - Xinhua Jin (600735.SH) is facing significant financial challenges, including a large amount of non-operating fund occupation by its controlling shareholder, Xinhua Jin Group, totaling 406 million yuan [2][3]. Financial Situation - As of the latest report, Xinhua Jin's revenue for 2024 was 1.637 billion yuan, a decrease of 30.97% year-on-year, with a net profit of -134 million yuan, down 354.59% [7]. - In the first half of 2025, the company reported revenue of 669 million yuan, a decline of 24.92% year-on-year, and a net profit of 12.87 million yuan, down 39.45% [7]. Fund Occupation and Regulatory Actions - Xinhua Jin Group and its affiliates have not returned the occupied funds, leading to regulatory scrutiny and potential administrative measures, including stock suspension and delisting warnings if the funds are not recovered within six months [3][4]. - The company is actively pursuing the recovery of these funds and is urging Xinhua Jin Group to expedite the disposal of other assets to raise the necessary capital [4]. Shareholder Actions and Agreements - Qingdao Beer announced a share transfer agreement with Xinhua Jin Group and Lu Jin Group for 100% equity of Jimo Yellow Wine, with a total consideration of 665 million yuan [2][6]. - However, four months after the announcement, there has been no update on the progress of the share transfer [2][6]. Business Operations - Xinhua Jin's business primarily focuses on "new trade and new materials," including the export of hair products and textiles, as well as graphite processing [7]. - The company has faced challenges in its operations, particularly in the second-hand car segment, which was divested in late 2024, impacting revenue [7].

长江商报消息●长江商报记者 黄聪 业绩不佳的新华锦（600735.SH），又遭公司控股股东鲁锦集团的母公司新华锦集团占用大量资金。 9月22日晚间，新华锦发布公告称，截至本公告披露日，新华锦集团及其关联方尚未归还占用资金，非 经营性占用公司资金余额4.06亿元。 新华锦介绍，新华锦集团正在积极推进山东即墨黄酒厂有限公司（以下简称"即墨黄酒"）股权交割事 项，同时，公司持续督促新华锦集团加快盘活并处置其他资产，多方筹措资金，尽快清偿公司的占用资 金。 2025年5月，青岛啤酒发布公告称，公司与新华锦集团、鲁锦集团及即墨黄酒签订《股权转让协议》， 公司受让其合计持有的即墨黄酒100%股权，相关对价为人民币6.65亿元和价格调整期损益金额之和。 不过，青岛啤酒发布收购即墨黄酒股权至今已有4个月，公司尚未公布股权转让的进展情况。 按照相关规定，若新华锦未能按照责令改正要求清收被占用资金，公司股票将逐步被实施停牌、退市风 险警示和终止上市交易。 存终止上市交易风险 9月22日晚间，新华锦发布公告称，截至本公告披露日，新华锦集团及其关联方尚未归还占用资金，非 经营性占用公司资金余额4.06亿元。 新华锦于2025年8月2 ...

Core Viewpoint - The regulatory penalties against Yili Clean Energy highlight the severe consequences of financial fraud and the responsibilities of independent directors in corporate governance [1][2][3] Group 1: Regulatory Actions and Penalties - Yili Clean Energy received an administrative penalty notice revealing long-term financial fraud, fund occupation, and illegal guarantees [1][2] - The total penalty for Yili Clean Energy amounts to 210 million yuan, with additional fines for related parties, including 30 million yuan for Yili Resources Group and 30 million yuan for the chairman [2] - Independent directors faced fines ranging from 50,000 to 3.5 million yuan, reflecting their varying degrees of involvement in the fraudulent activities [2] Group 2: Independent Directors' Responsibilities - Independent directors signed blank documents and failed to fulfill their duties, leading to significant financial penalties [1][3] - The case illustrates that independent directors' signatures can no longer serve as mere formalities; they are now directly linked to the outcomes of corporate actions [2][3] - The penalties imposed on independent directors underscore the shift in regulatory scrutiny, where reputational risks have transformed into substantial financial liabilities [3]

Group 1 - Regulatory authorities continue investigations into delisted companies, with recent penalties amounting to billions for financial fraud, fraudulent issuance, fund occupation, and illegal guarantees [1][3][4] - The new "National Nine Articles" and delisting regulations emphasize the principle of "delisting does not exempt from liability," reflecting a zero-tolerance approach towards capital market violations [2][8] - Companies like Yili Clean Energy and Huatie Co. have faced severe penalties, with Yili Clean Energy's total fines reaching approximately 375 million yuan and significant bans imposed on its executives [3][4] Group 2 - Regulatory bodies are actively pursuing the recovery of occupied funds from delisted companies, ensuring that responsible parties are held accountable [5][6] - The case of Delisted Longyu illustrates ongoing investigations post-delisting, with fines totaling 38.1 million yuan for inflated income and undisclosed fund occupations [6] - The regulatory focus extends to intermediary institutions, which are also being penalized for their roles in facilitating financial misconduct [7][8] Group 3 - The Shanghai Securities Regulatory Bureau has reinforced its commitment to stringent oversight of delisted companies, ensuring that financial fraud is thoroughly investigated and that responsible individuals face increased penalties [8] - Investor protection mechanisms have been enhanced, providing various avenues for compensation and legal recourse for investors affected by delisted companies [8]

Core Viewpoint - *ST Jintai has faced multiple regulatory penalties due to management's refusal to accept non-standard audit opinions, leading to delays in the disclosure of its 2024 annual report and subsequent fines totaling 4.6 million yuan [1][2][6]. Group 1: Regulatory Issues - The company was penalized 4.6 million yuan for failing to disclose its 2024 annual report on time, as management did not accept the audit firm's non-standard opinion [1][2]. - The Shanghai Securities Regulatory Bureau imposed a fine of 200,000 yuan on *ST Jintai, with additional fines of 100,000 yuan for the former chairman and 80,000 yuan each for two other executives [2][3]. - The company has a history of regulatory issues, including penalties for involvement in fictitious gold trading and misleading share buyback promises [6][7]. Group 2: Management Turmoil - Recent months have seen internal conflicts within the management, with the major shareholder, Hainan Dahe, attempting to convene an extraordinary shareholders' meeting to replace board members [3][5]. - A board member resigned shortly after being appointed, citing personal work commitments, and potential board candidates withdrew their nominations due to concerns over the company's delisting risk [4][5]. Group 3: Financial Performance - For the first half of 2025, *ST Jintai reported a revenue of 367 million yuan, a year-on-year increase of 5.66%, but the net profit attributable to shareholders fell by approximately 33% to 8.71 million yuan [8].