Core Viewpoint - Derun Electronics has been penalized for financial fraud, leading to a significant fine and a change in stock status to "ST Derun" due to continuous financial misreporting [1][7][8]. Group 1: Financial Fraud Details - Derun Electronics was found to have fabricated over 500 million yuan in receivables, orchestrated by its actual controller, Qiu Jianmin, resulting in a total fine of 22.5 million yuan [1][4]. - The fraudulent activities included creating fictitious receivables of 395 million yuan in 2020 and 113 million yuan in 2021, along with underreporting credit impairment losses and capital reserves [4][5]. - In 2022, the fraud escalated with Qiu Jianmin directing a subsidiary to provide funds to joint ventures under the guise of "prepaid goods," leading to further fictitious reporting [4][5]. Group 2: Regulatory Actions and Stock Status - The Shenzhen Securities Regulatory Commission issued a warning and fines to both Derun Electronics and Qiu Jianmin, with the company facing a 700 million yuan fine and Qiu facing a total of 1.2 million yuan in penalties [7][8]. - Derun Electronics' stock will be suspended for one day on January 5, 2026, and will resume trading on January 6, 2026, under the new designation "ST Derun," with a trading limit of 5% [1][8]. Group 3: Company Performance and Control Risks - Derun Electronics has reported a net loss of 1.225 billion yuan in 2024, marking a decline of over 500%, largely due to losing control over a key subsidiary, Meta [10][11]. - The company has faced continuous net losses for six years, totaling nearly 3.2 billion yuan, with revenue declining by 15.7% in the first three quarters of 2025 [10][11]. - The controlling shareholder's shares are under judicial auction due to debt issues, reducing their stake to 5.68%, raising concerns about potential changes in control [11].

Core Viewpoint - Derun Electronics has been penalized for financial fraud, leading to a significant fine and a change in stock status to "ST Derun" due to serious violations of information disclosure regulations [2][5][12]. Group 1: Financial Fraud Details - The financial fraud orchestrated by the actual controller, Qiu Jianmin, involved fabricating over 500 million yuan in receivables, resulting in a total fine of 22.5 million yuan [5][12]. - From 2020 to 2021, due to cash flow issues caused by major clients' operational difficulties, Qiu Jianmin implemented unconventional methods to create fictitious receivables of 395 million yuan and 113 million yuan, respectively [9][10]. - In 2022, the fraudulent activities became more complex, with the company fabricating receivables of 26.83 million yuan in its semi-annual report [10]. Group 2: Regulatory Actions and Penalties - The Shenzhen Securities Regulatory Commission issued a warning and imposed a fine of 7 million yuan on Derun Electronics, while Qiu Jianmin received a total fine of 12 million yuan and a five-year market ban [12][13]. - The company will face a one-day trading suspension on January 5, 2026, and will resume trading on January 6, 2026, under the new stock name "ST Derun" with a trading limit of 5% [5][14]. Group 3: Company Performance and Challenges - Derun Electronics reported a net loss of 1.225 billion yuan in 2024, marking a decline of over 500% year-on-year, primarily due to losing control over a significant subsidiary, Meta [15][18]. - In the first three quarters of 2025, the company experienced a revenue decline of 15.7% to 3.267 billion yuan, but net profit improved by 157.68% to 72.53 million yuan [18]. - The company's controlling shareholder, Shenzhen Desheng Asset Management Co., has seen its shareholding drop to 5.68% due to ongoing judicial auctions, raising concerns about potential changes in control [18]. Group 4: Market Position and Future Outlook - As of December 31, 2025, Derun Electronics' stock closed at 6.74 yuan per share, with a total market capitalization of 4.074 billion yuan [19]. - The company has indicated that it will apply to lift the risk warning after 12 months following the administrative penalty decision, emphasizing that the situation does not trigger mandatory delisting [14].

【导读】 得润电子1月6日起复牌并"戴帽" 中国基金报记者 夏天 2025年最后一个工作日，得润电子（证券代码： 002055 ）收到一则来自监管的重磅罚单。 公告显示，因连续多年财务造假， 得润电子 及相关责任人于2025年12月31日收到 深圳证监局 出具的 《行政处罚事先告知书》 。 这场由实际控制人之一邱建民主导、累计虚构超5亿元回款的财务操作，让公司及相关责任人面临合计2250万元的罚款， 邱建民 更被采取 5年证券市场禁入措施。 根据深交所相关规定，公司股票将于2026年1月5日停牌一天，自1月6日起复牌，并被实施其他风险警示，股票简称变更为"ST得润"，股 票交易日涨跌幅限制变为5%。 虚构回款致多期财务造假 到了2022年，造假手段进一步复杂化。2022年6月，邱建民指使 得润电子 子公司，以"预付货款"的名义向公司的联营企业提供资金。这 笔资金的真实用途，是用于该联营企业到期归还得润电子此前提供的财务资助款。这一操作导致公司 《 2022年半年度报告 》 虚构回款 2683.69万元，少计信用减值损失506.1万元。 上述行为直接导致得润电子《2020年年度报告》《2021年年度报告》及《2 ...

《告知书》称，得润电子涉嫌信息披露违法违规一案，已由深圳证监局调查完毕，深圳证监局依法拟对 公司作出行政处罚。经查： 公司股票简称将由"得润电子"变更为"ST得润"。 得润电子（002055）2025年12月31日晚间公告，2025年12月31日，公司及相关当事人收到中国证券监督 管理委员会深圳监管局（简称"深圳证监局"）出具的《行政处罚事先告知书》（简称《告知书》）。 结合公司已进行会计差错更正、积极配合调查以及相关款项已捐赠给公司等情节，根据当事人违法行为 的事实、性质、情节与社会危害程度，深圳证监局拟决定： 一、对深圳市得润电子股份有限公司给予警告，并处以700万元罚款； 二、对邱建民给予警告，并处以1200万元罚款（其中作为直接负责的主管人员处以400万元罚款，作为 实际控制人处以800万元罚款），另对邱建民采取5年证券市场禁入措施； 三、对邱扬给予警告，并处以200万元罚款； 四、对饶琦给予警告，并处以150万元罚款。 公告称，根据《深圳证券交易所股票上市规则（2025年修订）》第9.8.1条规定："上市公司出现下列情 形之一的，本所对其股票交易实施其他风险警示：（八）根据中国证监会行政处罚事先告知 ...

得润电子（002055）2025年12月31日晚间公告，2025年12月31日，公司及相关当事人收到 中国证券监督管理委员会深圳监管局（简称"深圳证监局"）出具的《行政处罚事先告知书》 （简称《告知书》）。 公司股票简称将由"得润电子"变更为"ST得润"。 《告知书》称，得润电子涉嫌信息披露违法违规一案，已由深圳证监局调查完毕，深圳证监 局依法拟对公司作出行政处罚。经查： 一、2020年至2021年，因得润电子主要客户等经营困难，无法偿还欠款，致使公司现金流紧 张，得润电子实际控制人、时任董事长、总裁邱建民通过自有资金、对外借款等方式，向得 润电子客户、原子公司、设备供应商等提供资金支持，用于前述主体向得润电子归还历史欠 款。邱建民未向得润电子报告上述资金实际来源，导致得润电子2020年、2021年分别虚构回 款3.95亿元、1.13亿元，少计信用减值损失3.71亿元、6639.31万元；少计资本公积3.21亿 元、4.34亿元。 二、2022年6月，邱建民指使得润电子子公司以预付货款的形式，间接向得润电子联营公司 提供资金，用于到期归还得润电子的财务资助款，导致得润电子2022年上半年虚构回款 2683.6 ...

Core Viewpoint - Due to multiple instances of false reporting in financial statements, Derun Electronics (002055) will be designated as ST, and the company along with several executives will face fines exceeding 20 million yuan [2][5]. Group 1: Regulatory Actions - On December 31, 2025, Derun Electronics announced that it and related parties received an administrative penalty notice from the Shenzhen Securities Regulatory Bureau [2]. - The notice identified false disclosures in the 2020 annual report, 2021 annual report, and 2022 semi-annual report, leading to a risk warning on the company's stock [2]. - The stock will be suspended for one day starting January 5, 2026, and will resume trading on January 6, 2026, under the name "ST Derun," with a trading limit of 5% [2]. Group 2: Financial Misconduct Details - From 2020 to 2021, due to difficulties faced by major clients, Derun Electronics experienced cash flow issues, prompting the actual controller, Qiu Jianmin, to provide financial support to clients without reporting the source of funds [5]. - This led to the company falsely reporting receivables of 394.58 million yuan in 2020 and 112.96 million yuan in 2021, while underreporting credit impairment losses by 371.15 million yuan and 66.39 million yuan respectively [5][6]. - In June 2022, Qiu Jianmin directed a subsidiary to indirectly provide funds to a joint venture for repaying financial support, resulting in a false report of receivables of 26.84 million yuan for the first half of 2022 [6]. Group 3: Penalties and Company Performance - The Shenzhen Securities Regulatory Bureau proposed a warning and a fine of 7 million yuan for Derun Electronics, with Qiu Jianmin facing a total fine of 12 million yuan [7]. - Other executives, Qiu Yang and Rao Qi, will face fines of 200,000 yuan and 150,000 yuan respectively [7]. - Derun Electronics has reported continuous losses over six years from 2019 to 2024, with a cumulative loss exceeding 3 billion yuan, and revenue has declined for two consecutive years [7].

Group 1 - The core point of the article is that DeRun Electronics (002055.SZ) has received an administrative penalty notice from the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission, indicating that the company’s annual reports for 2020, 2021, and semi-annual report for 2022 contain false records [1] - As a result of the findings, the company's stock will be subject to additional risk warnings, with the stock name changing from "DeRun Electronics" to "ST DeRun" [1] - The trading limit for the stock will be set at 5% [1] Group 2 - The company's stock will be suspended for one day starting from January 5, 2026, and will resume trading on January 6, 2026 [1]

公告显示，公司股票将自2026年1月5日(星期一)开市起停牌1天，自2026年1月6日(星期二)开市起复牌。 智通财经APP讯，得润电子(002055.SZ)公告，公司及相关当事人收到中国证券监督管理委员会深圳监管 局出具的《行政处罚事先告知书》。根据《行政处罚事先告知书》认定的情况，公司披露的《2020年年 度报告》《2021年年度报告》《2022年半年度报告》存在虚假记载，公司股票将被实施其他风险警示， 股票简称由"得润电子"变更为"ST得润";股票交易日涨跌幅限制为5%。 ...

Core Viewpoint - The company received an administrative penalty notice from the Shenzhen Securities Regulatory Bureau due to false disclosures in its annual and semi-annual reports for 2020, 2021, and the first half of 2022, leading to a risk warning designation [1] Group 1 - The company will be subject to other risk warnings as a result of the false disclosures in its financial reports [1] - Trading of the company's stock will be suspended for one day starting January 5, 2026, and will resume on January 6, 2026, with a change to "ST Derun" and a trading limit of 5% [1] - The company has made retrospective adjustments to its previous financial statements and plans to apply for the removal of the risk warning once conditions are met [1]

关于公司及相关当事人收到《行政处罚事先告知书》的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 深圳市得润电子股份有限公司（以下简称"公司"）及实际控制人之一邱建民先生于 2024 年 12 月 25 日分别收到中国证券监督管理委员会（以下简称"中国证监会"）下发的《立案告知书》 （编号：证监立案字 007202444 号、编号：证监立案字 007202445 号），因涉嫌信息披露违法违规， 根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中国证监会决定对公 司及邱建民先生立案。具体内容详见公司于 2024 年 12 月 27 日在《证券时报》《上海证券报》和巨 潮资讯网（http://www.cninfo.com.cn）上披露的《关于公司及实际控制人之一收到中国证券监督管理 委员会立案告知书的公告》（公告编号：2024-087）。 2025 年 12 月 31 日，公司及相关当事人收到中国证券监督管理委员会深圳监管局（以下简称"深 圳证监局"）出具的《行政处罚事先告知书》（〔2025〕25 号）。现将相关内容公告如下： 一、《行政 ...