On January 5, the China Securities Regulatory Commission held a symposium on promoting the cross-departmental work of the comprehensive punishment and prevention system for financial fraud in the capital market. Since 2024, the Securities Regulatory Commission has investigated and handled a total of 159 cases of financial fraud, imposed 111 administrative penalties, and forfeited 8.1 billion yuan. Together with the relevant departments, they insisted on putting equal emphasis on punishing the culprits and accomplices, seriously prosecuting the majority shareholders and actual controllers in 43 cases, and resolutely punishing third parties cooperating with the fraud by complicity in administrative offenses. Continue to strengthen three-dimensional accountability, hand over 112 criminal leads suspected of financial fraud to the public security authorities, and support investors damaged in cases such as Jin Tongling, Meishang Ecology, and Jinzhou Port to file special representative lawsuits. Strengthen the accountability of intermediaries. Eighteen serious counterfeiting companies actually involved major offenses and forced delisting. Cases have been opened and investigated against 91 companies that have already been delisted to resolutely prevent “retreating once and for all.” Thanks to the joint efforts of all parties, a comprehensive punishment and prevention system for financial fraud by listed companies has gradually been implemented, joint supervisory efforts have been continuously strengthened, and the market ecology has improved markedly.

On January 5, the China Securities Regulatory Commission held a symposium on promoting the cross-departmental work of the comprehensive punishment and prevention system for financial fraud in the capital market. Since 2024, the Securities Regulatory Commission has investigated and handled a total of 159 cases of financial fraud, imposed 111 administrative penalties, and forfeited 8.1 billion yuan. Together with relevant departments, they insist on putting equal emphasis on punishing the culprits and accomplices, seriously prosecuting the majority shareholders and actual controllers in 43 cases, and resolutely punishing third parties cooperating with the fraud by complicity in administrative offenses. Continue to strengthen three-dimensional accountability, hand over 112 criminal leads suspected of financial fraud to the public security authorities, and support investors damaged in cases such as Jin Tongling, Meishang Ecology, and Jinzhou Port to file special representative lawsuits. Strengthen the accountability of intermediaries. Eighteen serious counterfeiting companies actually involved major offenses and forced delisting. Cases have been opened and investigated against 91 companies that have already been delisted to resolutely prevent “retreating once and for all.” Thanks to the joint efforts of all parties, a comprehensive punishment and prevention system for financial fraud by listed companies has gradually been implemented, joint supervisory efforts have been continuously strengthened, and the market ecology has improved markedly.