2025.12. 29 本文字数：1921，阅读时长大约3分钟 作者 | 第一财经 安卓 实际控制人前脚刚套现6400万，后脚就因涉嫌信披违规被立案调查。 12月25日，智能按摩设备企业倍轻松（688793.SH）公告称收到中国证监会下发的《立案告知 书》，实际控制人马学军涉嫌信息披露违法违规，根据相关法律法规，中国证监会决定对公司及实际 控制人马学军立案。 26日，该公司股价大幅下跌14.68%，本周一倍轻松再度下挫，全天跌0.97%，报收22.39元/股。 自今年6月份以来，倍轻松股价震荡下行，年内股价下跌25%，120日跌幅近31%。 此番被立案调查并非毫无预兆，第一财经发现，倍轻松长期存在信息披露问题，曾连续4年收到交易 所发出的业绩报告信息披露监管问询函。 资金占用、违规担保，连续4年遭问询 公告显示，倍轻松连续4年收到交易所发出的业绩报告问询函。具体包括2022年年度报告信息披露 监管问询函、2023年度报告信息披露监管问询函、2024年度报告信息披露监管问询函以及2025年 半年度报告信息披露监管问询函等。 上述监管问询函反复指向倍轻松的经营业务、销售费用、客户与供应商、存货、往来款和内部控制、 ...

Core Viewpoint - The company Beilingsong (倍轻松) and its actual controller Ma Xuejun are under investigation for suspected violations of information disclosure laws, following a series of financial irregularities and significant fund occupation by the controller since the company's IPO in 2021 [1][3][9]. Financial Irregularities - Ma Xuejun has continuously occupied company funds for four years, with the highest annual occupation reaching approximately 86 million yuan [3][4]. - The amounts occupied by Ma Xuejun from 2021 to 2024 were 4.15 million yuan, 7.93 million yuan, 11.23 million yuan, and 85.93 million yuan respectively, with all principal and interest now repaid [4][6]. - In 2023 and 2024, the company reported non-operating fund occupations of 5.45 million yuan and 25.1 million yuan, respectively, through early payments to suppliers and employee loans [4][6]. Stock Performance and Controller Actions - Following the announcement of the investigation, Beilingsong's stock price dropped by 14.68%, reaching a year-low of 22.01 yuan per share [3][9]. - Ma Xuejun recently sold shares worth approximately 64.7 million yuan at a price lower than the market value, reducing his stake from 52.35% to 49.38% [9][10]. Audit and Regulatory Oversight - Despite the financial irregularities, the company received standard unqualified audit opinions from Tianjian Accounting Firm for three consecutive years, indicating no significant issues were reported during audits [6][7]. - The company has faced regulatory scrutiny, receiving multiple regulatory letters from the Shanghai Stock Exchange since July 2025 [3][6]. Business Performance - Beilingsong's revenue peaked at 1.19 billion yuan in its first year but has since declined, with revenues of 896 million yuan, 1.275 billion yuan, and 1.085 billion yuan from 2022 to 2024, and a significant loss reported in 2025 [10][11]. - The company has faced over 200 consumer complaints regarding product quality and transparency in after-sales service [10][11]. Legal Challenges - Beilingsong is currently involved in a patent infringement lawsuit, facing a claim of 10 million yuan, although the company believes it will not significantly impact its operations [11].

倍轻松头顶A股"健康智能硬件第一股"的光环登陆科创板，然而，上市次年就录得亏损。 实际控制人前脚刚套现6400万，后脚就因涉嫌信披违规被立案调查。 12月25日，智能按摩设备企业倍轻松（688793.SH）公告称收到中国证监会下发的《立案告知书》，实 际控制人马学军涉嫌信息披露违法违规，根据相关法律法规，中国证监会决定对公司及实际控制人马学 军立案。 26日，该公司股价大幅下跌14.68%，本周一倍轻松再度下挫，全天跌0.97%，报收22.39元/股。自今年6 月份以来，倍轻松股价震荡下行，年内股价下跌25%，120日跌幅近31%。 此番被立案调查并非毫无预兆，第一财经发现，倍轻松长期存在信息披露问题，曾连续4年收到交易所 发出的业绩报告信息披露监管问询函。 资金占用、违规担保，连续4年遭问询 公告显示，倍轻松连续4年收到交易所发出的业绩报告问询函。具体包括2022年年度报告信息披露监管 问询函、2023年度报告信息披露监管问询函、2024年度报告信息披露监管问询函以及2025年半年度报告 信息披露监管问询函等。 上述监管问询函反复指向倍轻松的经营业务、销售费用、客户与供应商、存货、往来款和内部控制、与 收入 ...

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！ 上海久诚律师事务所股票索赔律师许峰提示，长药控股（300391）虚假陈述引发的投资者索赔案还在持 续推进中。长药控股投资者索赔案已有投资者胜诉先例，目前还可继续发起索赔。（许峰律师专栏） 许峰律师代理的长药控股投资者索赔案已向武汉市中级人民法院提交立案，目前正在等待法院的下一步 安排，律师团队同步还在继续推进后续案件的立案工作，还在继续接受其他投资者的索赔委托。 2025年11月7日，长药控股公告收到证监会下发的《立案告知书》，因公司涉嫌定期报告等财务数据虚 假记载，根据《证券法》《行政处罚法》等法律法规，证监会决定对公司立案。 2024年4月30日，长药控股发布关于公司存在资金占用、违规担保暨公司股票可能被实施其他风险警示 的风险提示性公告，称公司2023年度财务报告审计机构中审亚太会计师事务所（特殊普通合伙）对公司 出具的带强调事项段和持续经营重大不确定性段落的无保留意见审计报告。 长江医药控 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：600289 证券简称：ST信通公告编号：2025-137 亿阳信通股份有限公司 关于公司股票被继续实施其他风险警示相关事项的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示： ● 因亿阳信通股份有限公司（以下简称"公司"）仍存在违规担保尚未最终解决（已有违规担保赔偿风险 化解方案），从而触及《上海证券交易所股票上市规则》（以下简称《股票上市规则》）9.8.1条所规定 的涉及其他风险警示情形，公司股票于2025年7月9日起继续被实施其他风险警示。 ● 根据《股票上市规则》9.8.4条相关规定，公司将每月披露一次其他风险警示相关事项的进展情况，提 示相关风险。 一、公司被实施其他风险警示的相关情况及进展 （一）截至2024年年度报告披露日，公司剩余需承担赔偿责任的违规担保案件涉案本金合计为60,621.12 万元，公司仍存在《股票上市规则》9.8.1条相关规定所述违规担保尚未最终解决（已有违规担保赔偿风 险化解方案），从而触及其他风险警示情形。公司 ...

中国证监会起草了《上市公司监督管理条例（公开征求意见稿）》，现向社会公开征求意见。意见稿指 出，完善公司治理要求。一是明确上市公司治理的基本架构。对上市公司章程载明事项进行细化规定； 规定公司股东会、董事会、审计委员会、独立董事的职权和行使方式。二是规范董事和高级管理人员行 为。明确董事、高级管理人员的任职资格，细化规定董事、高级管理人员的忠实勤勉义务及董事会秘书 的职责，加强对董事、高级管理人员的激励与约束。三是规范控股股东、实际控制人行为。细化控股股 东、实际控制人的认定标准，严禁控股股东、实际控制人实施资金占用、违规担保等损害上市公司利益 的行为，严格规范同业竞争和关联交易行为。四是保障和规范股东行使权利。禁止干预股东行使法定权 利，规范表决权让渡、放弃，以及大股东、特定股东减持等行为。 ...

Core Viewpoint - The article highlights the accelerated enforcement efficiency of capital market regulation in China, exemplified by the swift punishment of ST Dongni for information disclosure violations, reflecting a new norm of "early detection, quick punishment, and strict correction" in regulatory practices [1][3][7]. Summary by Sections Regulatory Efficiency - The time taken from investigation to punishment for ST Dongni was less than 7 months, showcasing the rapid response of regulatory authorities [3][5]. - Other cases, such as Baiyin Nonferrous and Fuhuang Steel Structure, also demonstrated significantly shortened processing times, indicating a broader trend of enhanced regulatory efficiency [7][8]. Specific Case of ST Dongni - ST Dongni was fined a total of 15.7 million yuan for failing to timely disclose significant contract progress and for falsifying financial reports [3][4]. - The company signed a major contract worth 675 million yuan in January 2023 but failed to disclose the slow progress of contract fulfillment until January 2024, misleading investors for nearly a year [3][4]. Financial Manipulation - ST Dongni engaged in financial manipulation by misclassifying R&D expenses, failing to account for related party transactions, and underreporting inventory impairment provisions, leading to inflated profits in their financial statements [4][8]. - The penalties included 7 million yuan for the company and 8.7 million yuan for six responsible individuals, emphasizing the regulatory focus on holding key individuals accountable [4][5]. Broader Regulatory Trends - The regulatory approach has shifted from post-event punishment to proactive prevention and real-time correction, indicating a more mature regulatory framework [8][9]. - Enhanced classification and differentiated handling of violations have improved the allocation of enforcement resources and increased deterrence against market misconduct [9]. Conclusion - The overall improvement in regulatory efficiency and transparency is expected to provide a solid institutional guarantee for the high-quality development of the capital market, ensuring a more orderly market ecosystem [9].

Core Viewpoint - ST Xintong announced that due to unresolved illegal guarantees, its stock will continue to be subject to risk warnings starting from July 9, 2025 [1] Summary by Relevant Sections - **Illegal Guarantees**: The company still has unresolved illegal guarantee issues, which have triggered compliance concerns under the Shanghai Stock Exchange listing rules [1] - **Financial Liability**: As of the announcement date, the total principal amount involved in the illegal guarantee cases that the company is liable for is 545.7566 million yuan [1] - **Shareholder Actions**: The controlling shareholder has pledged 57.9619% of Nanjing Lanpu's shares as collateral for potential fund deductions arising from the illegal guarantees and has committed to fulfilling compensation obligations through various means, including but not limited to asset discounting, auctioning, or transfer [1]

Core Points - The company has been under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws since July 27, 2023 [5] - The company plans to publicly transfer 90.3085% of its subsidiary's shares through the Ningbo Property Rights Exchange [6] - The company has faced multiple risk warnings due to past violations, including illegal guarantees and fund occupation [10][24] Financial Data - The third-quarter financial report has not been audited [3][8] - The company has not made any adjustments or restatements to previous accounting data [3] - There are no non-recurring gains or losses reported in the financial statements [3] Shareholder Information - The company has not reported any changes in the top ten shareholders or their shareholding due to securities lending [5] Legal and Compliance Issues - The company received an administrative penalty notice from the CSRC on April 18, 2025, indicating false disclosures in its annual report [26] - The company has been involved in multiple legal cases related to illegal guarantees, with significant amounts involved, including a total of 1.354 billion yuan in guarantees and 346.35 million yuan in fund occupation [15][16] - The company has received payments from restructuring investors totaling 856.39 million yuan for the recovery of illegal funds [25][23]

Core Viewpoint - The company *ST Weihai has faced multiple risk warnings due to violations such as improper guarantees, fund occupation, and false financial reporting from 2019 to 2025 [1] Group 1: Financial Irregularities - From 2017 to 2019, under the direction of Feng Quanhong, the company provided guarantees amounting to 1.354 billion yuan and funds totaling 346 million yuan to related parties [1] - As of November 30, 2021, the balance of funds occupied by related parties was 851 million yuan [1] - The company has received 856 million yuan in proceeds from the acquisition of rights to the illegal funds and 93 million yuan in interest [1] Group 2: Operational Status - The company's major bank accounts have been unfrozen [1] - The internal control audit report for 2024 received a standard unqualified opinion [1]