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On the Eve of the Dragon Boat Festival, Regulatory 'Thunder' Strikes: Over Ten A-Share Companies Fined—Some for Five Years of Financial Fraud, Others for Market Manipulation by Controlling Shareholders | Quick Read of Announcements
① More than ten listed companies received penalties today for various violations, including financial fraud, misleading disclosures, and market manipulation. ② Severe penalties were imposed for fraud and manipulation: Holitech was designated with a '*ST' status after inflating its profits by over RMB 1.8 billion over five years. The actual controller of Breo colluded with others to manipulate stock prices and was collectively fined and disgorged over RMB 40 million. ③ Reckless information disclosure also incurred liability: Xin Ya Qiang and CETC Digital were penalized for exaggerating hot-topic concepts on investor interaction platforms.
Memory 'supercycle' sees equipment makers vying for a share; SK Hynix receives upstream price hike requests
According to South Korea’s tech media outlet ETNews on Thursday, SK Hynix recently requested several Tier-1 equipment suppliers to submit 'price adjustment review documentation,' i.e., supporting materials justifying price increases. Some equipment manufacturers have taken this opportunity to request price hikes of 3% to 4%. SK Hynix stated it will determine final pricing based on objective procurement criteria such as exchange rates and supply stability.
*ST Heke: Financial Statements After Correction of Prior Accounting Errors
*ST Heke: Third Quarter Report for 2025 (Updated)
*ST Heke: First Quarter Report for 2026
ST and Ke (002816.SZ) reported a net loss of 4.1058 million yuan in the first quarter, reversing from a profit.
Gelonghui, April 29th - *ST Heke (002816.SZ) announced its Q1 2026 report. From January to March, the company achieved revenue of 47.7832 million yuan, representing a year-on-year increase of 41.38%; net loss was 4.1058 million yuan, compared with a profit in the same period last year; non-recurring net loss was 4.4457 million yuan, shifting from profit to loss year-on-year, with a basic earnings per share loss of 0.0411 yuan.