Securities Supervision Commission seriously investigates * ST Yuancheng serious financial fraud case
2025-10-10 10:07:47
October 10th news, recently, I will be on the main board of the Shanghai Stock Exchange listed company Yuancheng environment joint stock company (referred to as * ST Yuancheng) suspected of false records of financial data such as regular reports to make administrative penalties in advance notice. After investigation, * ST Yuancheng for three consecutive years of false income and profits, in violation of securities laws and regulations. I will intend to fine the listed company 37.4546 million yuan, a total fine of 42 million yuan for 5 responsible personnel, and a 10-year ban on the securities market for the actual controller. * ST Yuancheng is suspected of involving major illegal forced delisting, and the Shanghai Stock Exchange will start delisting procedures according to law.
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