Core Points - The China Securities Regulatory Commission (CSRC) has issued an administrative penalty notice to *ST Yuancheng for suspected false financial reporting, including inflated revenue and profits over three consecutive years [1][2] - The total fines proposed include 37.45 million yuan for the company and 42 million yuan for five responsible individuals, with the actual controller facing a 10-year market ban [1][2] Financial Misconduct - From 2020 to 2022, *ST Yuancheng, under the direction of actual controller Zhu Changren, inflated operating costs by 158 million yuan, revenue by 209 million yuan, and total profit by 50.46 million yuan [2] - In the 2022 annual report, the company falsely reported an inflated revenue of 14.16 million yuan and an inflated profit of 13.45 million yuan, which represented 4.33% and 24.60% of the disclosed amounts, respectively [2] Regulatory Actions - The CSRC has mandated *ST Yuancheng to correct its financial statements and has proposed a fine of 37.45 million yuan [2] - Individual penalties include 28 million yuan for Zhu Changren, 5 million yuan for Zhou Jinhai, 500,000 yuan each for Yao Lihua and Yu Jianfei, and 200,000 yuan for Chen Ping [2]

*ST元成涉嫌触及重大违法强制退市情形，上交所将依法启动退市程序。对于可能涉及的犯罪线索，我 会将坚持应移尽移的工作原则，严格按照《刑法》《最高人民检察院 公安部关于公安机关管辖的刑事 案件立案追诉标准的规定（二）》的规定移送公安机关。(智通财经APP) #*ST元成财务造假公司及5责任人被罚近8000万#【#证监会严肃查处*ST元成严重财务造假案件#】证监 会通报：证监会近日对上交所主板上市公司元成环境股份有限公司（简称*ST元成）涉嫌定期报告等财 务数据存在虚假记载作出行政处罚事先告知。经查，*ST元成连续三年虚增收入和利润，违反证券法律 法规。我会拟对上市公司罚款3745.46万元，对5名责任人员合计罚款4200万元，对实际控制人采取10年 证券市场禁入。 ...

*ST元成10月10日晚间公告，公司因涉嫌年报等定期报告财务数据虚假披露被中国证监会立案调查，收 到浙江证监局下发的《行政处罚事先告知书》，认定公司2020年至2022年年报存在虚假记载，具体包 括：通过虚增越龙山项目成本和产值虚增收入及利润；未及时将淮阴项目价审差异入账处理虚增2022年 利润；2022年非公开发行股票文件存在重大虚假记载。如根据正式处罚决定书结论，公司触及重大违法 强制退市情形，股票将被终止上市。根据相关规定，若后续收到处罚决定书，公司将申请停牌，交易所 将在规定期限内作出是否终止上市决定。 ...

编辑：罗浩 新华财经北京10月10日电 证监会消息，近日，证监会对上交所主板上市公司元成环境股份有限公司 （简称*ST元成）涉嫌定期报告等财务数据存在虚假记载作出行政处罚事先告知。经查，*ST元成连续 三年虚增收入和利润，违反证券法律法规。证监会拟对上市公司罚款3745.46万元，对5名责任人员合计 罚款4200万元，对实际控制人采取10年证券市场禁入。*ST元成涉嫌触及重大违法强制退市情形，上交 所将依法启动退市程序。对于可能涉及的犯罪线索，证监会将坚持应移尽移的工作原则，严格按照《刑 法》《最高人民检察院 公安部关于公安机关管辖的刑事案件立案追诉标准的规定（二）》的规定移送 公安机关。 ...

Group 1 - The company, Palm Holdings, announced a share buyback of approximately 2.18 million shares, representing 0.12% of its total share capital, with a total expenditure of about 5.07 million yuan [1][1][1] - The highest transaction price during the buyback was 2.37 yuan per share, while the lowest was 2.31 yuan per share [1][1][1] - As of the report, Palm Holdings has a market capitalization of 4.4 billion yuan [1][1][1] Group 2 - For the first half of 2025, the revenue composition of Palm Holdings was as follows: engineering revenue accounted for 95.5%, design revenue for 2.35%, urban operations for 1.66%, and other businesses for 0.49% [1][1][1]

Core Viewpoint - The company is actively participating in projects related to environmental enhancement for the upcoming 15th National Games, indicating a strategic focus on infrastructure and beautification initiatives [1] Group 1 - The company is involved in the greening landscape services for the Guangzhou Baiyun International Airport T3 terminal [1] - The company is also engaged in the exhibition project for the 32nd Guangzhou Garden Expo in the Yuexiu District [1]

Group 1 - The stock of Mountain Water Bide increased by 8.77% on October 9, with a trading volume of 174 million yuan [1] - On the same day, the financing buy amount for Mountain Water Bide was 23.31 million yuan, while the financing repayment was 18.44 million yuan, resulting in a net financing purchase of 4.88 million yuan [1] - As of October 9, the total balance of margin trading for Mountain Water Bide was 122 million yuan, which accounts for 2.47% of its circulating market value, indicating a high level compared to the past year [1] Group 2 - As of September 30, the number of shareholders for Mountain Water Bide was 6,343, an increase of 5.07% from the previous period [2] - The average circulating shares per person decreased by 4.82% to 14,195 shares [2] - For the first half of 2025, Mountain Water Bide achieved an operating income of 225 million yuan, representing a year-on-year growth of 24.98%, while the net profit attributable to the parent company was 1.91 million yuan, a decrease of 84.36% year-on-year [2]

Market Overview - In the two trading days before the National Day holiday (September 29-30), all three major A-share indices rose collectively, with the Shanghai Composite Index closing at 3882.78 points, up 1.43% for the week; the Shenzhen Component Index at 13526.51 points, up 2.40%; and the ChiNext Index at 3238.16 points, up 2.75% [1] - Over 63% of stocks achieved gains during the week, with 161 stocks rising over 10% and 20 stocks declining over 10%. Among the sectors, 25 sectors including non-ferrous metals, electric equipment, steel, and real estate saw increases, while 6 sectors including banking, coal, and telecommunications experienced declines [1] Top Gainers - The top-performing stock, Crown Eco (300948.SZ), surged by 44.02% for the week, followed by Pinming Technology (688109.SH) with a 42.33% increase. Other notable gainers included New Ray Energy (300593.SZ), Hunan Yunen (301358.SZ), and Changhua Chemical (301518.SZ), all with weekly gains exceeding 30% [2] Crown Eco Company Profile - Crown Eco operates in the landscape engineering sector, focusing on ecological environment construction, including vegetation restoration, soil and water conservation, and water environment governance. The company also engages in municipal engineering and sanitation services [3] - Following its resumption of trading on September 29, Crown Eco recorded two consecutive 20% daily price increases, culminating in a total rise of 44.02%, with a closing price of 16.13 yuan per share and a total market capitalization of 2.3 billion yuan [3] Shareholder Changes - Crown Eco announced a change in its controlling shareholder to Deep Blue Whale, whose main assets include an AI financial tax model. The transfer agreement involves Crown Investment transferring a total of 15.5% of shares to Deep Blue Whale in two phases [4] - After the completion of the first phase of the share transfer, Deep Blue Whale will become the controlling shareholder, with Jin Chunping as the actual controller [4] Acquisition Plans - Crown Eco signed a letter of intent to acquire 51% of Hangzhou Actuary's equity for a cash payment, with a total valuation not exceeding 560 million yuan. The transaction will grant Crown Eco control over the target company, which focuses on digital services for enterprises and has developed an AI financial tax model [5] - In terms of performance, Crown Eco reported a revenue of 52.51 million yuan for the first half of 2025, a year-on-year decline of 52.33%, with a net loss of 3.186 million yuan [5] Top Losers - The worst-performing stock, ST Meichen (300237.SZ), fell by 19.88%, with other significant decliners including Huarsoft Technology (002453.SZ) and New Light Optoelectronics (688011.SH), all experiencing declines of over 15% [7] - ST Meichen operates in the automotive parts industry, focusing on fluid transport systems and suspension damping systems. The stock closed at 2.58 yuan per share, with a total market capitalization of 3.7 billion yuan [8] Financial Misconduct - ST Meichen faced penalties for inflating profits by 658 million yuan from 2014 to 2018, leading to its stock being placed under risk warning. The company reported a significant discrepancy in its financial statements, with inflated revenues totaling 1.438 billion yuan [10] - Despite the financial irregularities, the company indicated that its actions did not meet the criteria for mandatory delisting [10]

Core Points - Jinpu Garden (301098.SZ) announced a plan to issue A-shares to specific investors, aiming to raise no more than 128.52 million yuan, which will be used to supplement working capital [1] - The shares will be issued at a price of 7.14 yuan per share, which is 80% of the average trading price over the last 20 trading days [1] - The issuance will involve a maximum of 18 million shares, representing 30% of the total share capital before the issuance [1] Shareholding Structure - As of the announcement date, the controlling shareholder Wang Yisen holds 38,220,000 shares, accounting for 21.18% of the total share capital before the issuance [2] - After the issuance, Wang Yisen's total shareholding will increase to 59,220,000 shares, representing 29.84% of the total share capital [2] - The issuance will not change the company's control structure, as Wang Yisen remains the controlling shareholder [2] Previous Fundraising Activities - Jinpu Garden was listed on the Shenzhen Stock Exchange on November 12, 2021, raising a total of 326 million yuan, with a net amount of 286 million yuan after expenses [3] - The company previously issued convertible bonds, raising 520,000 bonds at a face value of 100 yuan each, totaling 52 million yuan, with a net amount of 51.28 million yuan after fees [4] - The total amount raised from the two fundraising activities is 846 million yuan [5]

Core Viewpoint - The company, 汇绿生态 (001267.SZ), plans to acquire a 49% stake in 钧恒科技 from 彭开盛 and six other parties for a total transaction price of 1.127 billion yuan, enhancing its control and capabilities in the optical module industry [1] Group 1: Company Overview - 汇绿生态's main business includes optical module products and landscaping services, focusing on the research, production, and sales of optical communication products such as optical modules, AOC, and optical engines [1] - The landscaping business encompasses garden engineering construction, landscape design, and seedling planting, providing a full industry chain service from planting to maintenance [1] Group 2: Transaction Details - The company currently holds a 51% stake in the target company, 钧恒科技, which has been focused on the optical module industry for over 10 years [1] - The acquisition will result in 钧恒科技 becoming a wholly-owned subsidiary of 汇绿生态, thereby enhancing the company's control and collaborative capabilities in research, production, and sales within the optical module sector [1]