"Liyuan Refining" for 4 consecutive years of financial fraud, the company and more than 10 executives were fined 1.75 million yuan

Jimu Journalist Yun Ying

Due to the illegal information disclosure of information, the Securities Regulatory Commission decided on May 26 last year to investigate the case for Jilin Liyuan Refining Co., Ltd. (hereinafter referred to as Liyuan Reinforcement). On September 7, Liyuan Refined announced that on September 6, the company received the "Administrative Penalty Prior to Administrative Penalty Promise" delivered by the China Securities Regulatory Commission Jilin Regulatory Bureau. The company and more than 10 executives were fined 1.75 million yuan Essence

Announce screenshot

Tianyancha APP shows that Liyuan Refining is a company that is mainly engaged in the development, production and sales of various aluminum alloy profile products. The company's main products include aluminum alloy profile products such as aluminum profiles, industrial aluminum profiles, and deep processing aluminum profiles. The products are widely used in cars, rail trains, consumer electronics, electromechanical equipment, power equipment, medical equipment, construction and other fields.

The content of the "Administrative Penalty Prior to the Notice" shows that after being found, the fact that the refinement of Liyuan's refinement is as follows:

First, there are false records of the operating income disclosed in the 2015, 2016, and 2017 annual reports.

From 2015 to 2017, Shenyang Liyuan, a wholly-owned subsidiary of Liyuan and his wholly-owned subsidiary, passed the method of fake business settlement orders and outlet list related sales documents, fictional sales business, and at the same time, through forgery of bank receipt certificates Methods, fictional sales replies, which led to Liyuan Revisive 2015-2017 accumulated virtual operating income of 1.929 billion yuan.

Second, there are false records of the balance of construction projects, fixed assets, and fixed asset depreciation disclosed in 2015, 2016, 2017, and 2018 annual reports.

(1) From 2015 to 2018, Shenyang Liyuan increased the project in construction through the method of increasing the amount of engineering projects under construction. At the same time, in 2015-2017 At the end of the 2015-2018 annual report, it was under construction at 6.284 billion yuan.

(2) From 2017-2018, Shenyang Liyuan successively transferred the project in construction projects to fixed assets, leading to the accumulation of refining of Liyuan 2017-2018 annual reporting period of 6.284 billion yuan.

(3) From 2017-2018, Shenyang Liyuan will be depreciated by fixed assets, which leads to the accumulation of refined refinement of Lisat's refinement of 115 million yuan at the end of the fixed asset depreciation at the end of the 2017-2018 annual report.

In summary, from 2015-2018, Lisyuan Reinforcement vita through the deficiency of construction projects, fixed assets, and fixed assets through Shenyang Liyuan's deficiency, which led to a total of 6.170 billion yuan in virtual assets.

Third, there are false records of the total profit disclosed in the annual reports of 2015, 2016, 2017, and 2018.

Through the method of increasing operating income and fixed asset depreciation through virtual increasing operating income and fixed assets, the total profit increased in 2015 was 211 million yuan, accounting for 36.97%of the total profit of the proper profit; The total amount was 41.57%; the total profit increased in 2017 was 195 million yuan, accounting for 30.45%of the total profit of the disclosure period; in 2018, the total profit reduction was 122 million yuan, accounting for 2.77%of the total profit of the period.

Fourth, the balance of currency funds disclosed in the 2015, 2016, and 2017 annual reports has false records.

From 2015 to 2017, Liyuan refined increased bank deposits through false accounting methods. Among them, 186 million yuan in 2015, a virtual increase of 74 million yuan in 2016, and 20,000 yuan in 2017.

According to the provisions of Article 193 of the Securities Law in 2005, the Jilin Securities Regulatory Bureau intends to decide: a warning to Jilin Liyuan Reinforcement Co., Ltd. and imposed a fine of 600,000 yuan; The remaining executives were punished for a total of 1.15 million yuan.

According to media reports, in 2018, the refined funds chain of Liyuan broke, and the main bank accounts were frozen, and production and operation almost fell into stagnation. At the end of 2020, the company completed the bankruptcy and reorganization. The ticket was disclosed illegal before the company's bankruptcy and reorganization.

According to Liyuan Reinforcement's half -annual report in 2022, operating income was 200 million yuan, an increase of 36.25%year -on -year. The net loss attributable to shareholders of listed companies was 148 million yuan. The net loss belonging to shareholders of listed companies was 133 million yuan. Basic earnings per share -0.04 yuan/share.

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