据汉鼎咨询梳理，全面注册制以来已有10家IPO申报因审核中的违规事项遭到了为期1-5年的上市申报"资格罚"。 本篇中，汉鼎咨询结合交易所公告内容，对相关企业的违规情况进行了梳理，其中多涉及财务数据虚假记载及相关内控制度、研发人员认定及研发相关内 控制度等事项。此外，部分企业还存在删除相关证据材料甚至拒绝、阻碍现场检查的情形。 近年来，强本强基、严监严管已成为A股市场主旋律。自现任证监会主席吴清上任以来，从严监管、"长牙带刺"、有棱有角、刀刃向内，全力提升执法效 能等关键词被频频提及。 据今年5月发布的中国证监会2024年执法情况综述，证监会在发行上市、信息披露、并购重组、退市等重点领域加大执法力度，集中力量精准打击欺诈发 行、财务造假、操纵市场等违法违规行为。2024年全年，证监会对87家拟上市企业开展现场检查或督导，严肃查办5起欺诈发行案件；通过年报审阅、现 场检查、舆情监测、投诉举报、大数据建模分析等多元化渠道发现财务造假线索，查办相关案件128件，重点打击虚构业务、滥用会计政策、第三方配合 造假等违法行为。 交易所方面，近年来针对IPO申报企业欺诈发行、财务造假等事项，沪深交易所也已开出多单处罚决定书， ...

Core Viewpoint - A lawsuit involving Jiangsu Electromechanical Research Institute against Zhongtianze Holdings has emerged from a controversial "1 yuan" transaction, potentially setting a significant precedent in the capital market [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated by Jiangsu Electromechanical Research Institute, which claims that Zhongtianze Holdings sold its stake in Helen Zhe for only 1 yuan, resulting in substantial losses [3][4]. - The case is notable as it could become an important legal precedent in the capital market if the plaintiff wins [3]. - The plaintiff is seeking 30 million yuan in damages from Zhongtianze Holdings and its actual controller, Jin Shiwei [6]. Group 2: Financial Context - In 2021, Helen Zhe sold Lianshuo Technology for 1 yuan, despite internal disagreements within the board regarding the appropriateness of this asset disposal [5]. - As of March 31, 2021, Lianshuo Technology had total assets of 51.49 million yuan and total liabilities of 133.45 million yuan, with Helen Zhe holding a debt claim of 70.18 million yuan against it [6]. - The plaintiff argues that even in a bankruptcy scenario, Helen Zhe could recover approximately 27 million yuan, highlighting the financial implications of the transaction [6]. Group 3: Related IPO Issues - The lawsuit has revealed discrepancies in the IPO application materials submitted by another company controlled by Jin Shiwei, Bit Technology, which faced issues leading to its IPO withdrawal [8][10]. - Bit Technology's IPO was initially accepted by the Shanghai Stock Exchange in May 2022 but was later withdrawn, and the company ceased operations within months due to significant accounts receivable issues totaling 300 million yuan [11][12]. - The company's financial practices, including a high proportion of "back-to-back" payment terms, have raised concerns about its revenue recognition and cash flow management [17][22]. Group 4: Accounts Receivable Risks - Bit Technology's accounts receivable have shown a troubling trend, with a significant increase in overdue receivables and a declining collection rate over the years [20][21]. - The company reported a low provision for bad debts compared to its peers, indicating potential risks in its accounts receivable management [22]. - Despite substantial revenue growth from 2019 to 2021, Bit Technology's operating cash flow did not align with this growth, raising further concerns about its financial health [22].

Group 1 - A total of 9 new IPO applications were submitted last week (May 26 - June 1), including 1 from the Shanghai Stock Exchange main board, 2 from the Shenzhen Stock Exchange ChiNext, and 6 from the Beijing Stock Exchange [1] - As of June 1, there have been 27 new IPO applications this year [1] - There are currently 186 companies under review across various boards, with 46 on the Shanghai Stock Exchange (26 on the main board and 20 on the Sci-Tech Innovation Board), 42 on the Shenzhen Stock Exchange (22 on the main board and 20 on ChiNext), and 98 on the Beijing Stock Exchange [1]