ST PaiRui Receives Administrative Penalty Decision, Fined 4 Million Yuan
2026-07-31 19:51:29
According to CoinMeta, ST PaiRui announced that the company and related parties received an "Administrative Penalty Decision" issued by the Shaanxi Regulatory Bureau of the China Securities Regulatory Commission on July 31, 2026. Due to the company's manipulation of product acceptance documents to delay revenue recognition, the total profit in the 2024 annual report was understated by 17.1173 million yuan, and the total profit in the 2025 semi-annual report was overstated by 17.1173 million yuan. The company was given a warning and fined 4 million yuan, Liu Qiang was fined 2.2 million yuan, and Bai Jie and Guo Wei were each fined 2 million yuan.
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Source：Internet
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