e Company News, ST Bailong (002776) announced on the evening of the 29th that due to the illegal facts such as suspected inflated operating income and total profits (the cumulative inflated operating income from 2013 to 2018 was 1.276 billion yuan, and the cumulative inflated profit was 410 million yuan), the company received an administrative penalty from the CSRC and a prior notice of market prohibition, and intended to order Corrections, give a warning, and impose a fine of 10 million yuan on Bai Baolong; Fines ranging from $500,000 to $5 million were imposed. Chen Weixiong and Chen Nana's illegal acts are particularly serious, and they will be banned from the market for life.
!["Illustrated Quarterly Report" ST Bailong: Net profit attributable to the mother in the first three quarters of 2021 turned from year to year, and gross profit margin decreased by 25.8%[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)