今日晚间公告显示，虚假销售业务导致卓朗科技2019-2023年分别虚增营收2.49亿元、4.89亿元、3.39亿元、6.56亿元、8225.45万元，占各期对外披露营业收入的21.05%、45.19%、41.60%、72.46%、13.22%；分别虚增利润总额2.49亿元、3.10亿元、3.39亿元、3.57亿元、8225.45万元，占各期对外披露利润总额绝对值的33.81%、7.68%、41.26%、86.08%、50.27%。过去5年，公司合计虚增利润约13.37亿元。Over the past 5 years, tianjin troila information technology has collectively inflated profits by over 1.3 billion yuan. According to the formal penalty decision, the company has touched upon major violations that require delisting, and two executives will be subject to lifelong market entry bans. The company's net loss in just Q3 of this year has reached 0.13 billion yuan, with this month setting a record with 13 days of 9 trading limit downs due to involvement in the huawei concept.
Financial Link News on October 30th (Reporter Fu Jing) - Due to suspected illegal and irregular information disclosure, tianjin troila information technology (600225.SH) was investigated by the China Securities Regulatory Commission in March of this year, and after more than 7 months of investigation, the "shoe" finally dropped. Today, the company received the CSRC's "Advance Notice of Administrative Penalties", and it was determined that through its subsidiary Tianjin Troila Information Technology Development Co., Ltd. (referred to as Troila Development), the company fabricated revenue and profit by fictitious sales of servers, software, and system integration services over the past 5 years. Based on the formal penalty decision, the company has touched upon major violations forcing delisting, and the company and several responsible persons will face fines of one million yuan or more, with two executives facing lifelong market entry bans.
According to the Financial Link News reporter's review, the company has collectively inflated profits by over 1.3 billion yuan in the past 5 years. In 2022, its inflated revenue and net profit accounted for the highest proportions in the past 5 years, reaching 72.46% and 86.08% respectively. At the same time, tianjin troila information technology's net loss in just the third quarter of this year has reached 0.13 billion yuan, indicating a worrying operational status.
An announcement this evening indicated that false sales activities led to tianjin troila information technology inflating revenue by 0.249 billion yuan, 0.489 billion yuan, 0.339 billion yuan, 0.656 billion yuan, and 82.2545 million yuan respectively from 2019 to 2023, accounting for 21.05%, 45.19%, 41.60%, 72.46%, and 13.22% of the disclosed operating income for each period. Additionally, inflated profits totaled 249 million yuan, 0.31 billion yuan, 339 million yuan, 0.357 billion yuan, and 82.2545 million yuan respectively, representing 33.81%, 7.68%, 41.26%, 86.08%, and 50.27% of the absolute value of the disclosed total profits for each period. Over the past 5 years, the company has inflated profits by approximately 1.337 billion yuan.
Specifically, in terms of server business, Troila Development and its subsidiaries falsely sold purchased servers directly or through clients to related companies such as Wenling Qianmin Technology Co., Ltd., with no genuine source of traded goods, no actual goods circulation in the sales process, and sales proceeds coming from related companies, mainly from Troila Development, creating a closed-loop fund with no commercial substance. In the software and system integration services business, Troila Development falsely sold products to clients while arranging for clients to sell the products to related companies. Various business links such as purchase and sales contracts and delivery receipts were primarily determined by Troila Development, with software and services not being genuinely delivered, accepted, and used, and sales proceeds coming from related companies, mainly from Troila Development, forming a closed-loop fund with no commercial substance.
The Financial Link News reporter also noted that tianjin troila information technology failed to disclose external guarantees as required.
It is understood that the CSRC will impose fines ranging from 1 million to 10 million yuan on the company, several directly responsible executives, and other directly responsible individuals. The current Vice Chairman Zhang Kunyu and Director Dai Ying of the company will face lifelong market entry bans.
According to the announcement, if based on the formal penalty decision, the company hits the criteria for major violations requiring compulsory delisting, the company's stocks will be suspended from trading on October 31st for 1 day, and starting from November 1st, it will be subject to delisting risk warning.
The company stated that it will fully cooperate with the CSRC's relevant work, actively exercise the right to attend a hearing or make statements, defenses, etc., to safeguard the rights and interests of the company and the vast investors, and the final outcome will be based on the formal penalty decision issued by the China Securities Regulatory Commission.
It is worth noting that Tianjin Troila Information Technology also drew attention from the capital markets this month due to its association with the Huawei concept, setting a record of 9 daily limit increases in 13 days. After hours on the 14th, the company issued a risk warning announcement: CSRC's investigation is still ongoing.
It is worth noting that Tianjin Troila Information Technology, while recently stating externally that "all production and operational activities are currently proceeding normally and in an orderly manner," is actually facing significant pressure in its own operations. The quarterly report released tonight shows that Tianjin Troila Information Technology recorded a net loss attributable to shareholders of -0.248 billion yuan in the first three quarters, a year-on-year decrease of 604.42%; for Q3 alone, the company's revenue dropped by 90.62% year-on-year, with a net loss attributable to shareholders of -0.13 billion yuan, a decrease of 635.09% year-on-year.