pennbattle3hs8000| The China Securities Regulatory Commission, it's time to take action!

According to the latest news, a company named Meishang Ecology in the A-share market (300495)Pennbattle3hs8000The Shenzhen Stock Exchange decided to terminate the listing and trading of its shares because of a number of frauds. The company was fined 13.3 million yuan and banned from the securities market for life for a series of illegal acts, such as recognizing revenue in advance and inflating net profits, for years.

The chairman of the company, Wang Yingyan, was fined 8 million yuan on suspicion of manipulating the securities market. Meishang Ecology, which once had a share price as high as 153 yuan per share, now has only 0.Pennbattle3hs8000.13 yuan per share, with a market capitalization of less than 90 million yuan. Investors have suffered losses as a result of the company's fraud, and the delisting of the company means the end of the fraud, but the pain of investors will remain. The illegal activities of the company and the manipulation of stock prices by Chairman Wang Yingyan have caused a lot of complaints from investors, and this incident has aroused widespread concern in the community. It is hoped that more investors will be wary of such companies and stay away from the storm of counterfeiting.

Plate name Environmental Protection Industry keywords fraud, CSRC, delisting bullish (bearish) companies have financial fraud for as long as 9 years, involving various means to falsely increase net profits, resulting in false records in multi-period financial statements. constitute letter wearing illegal and fraudulent issuance, resulting in the company being terminated for listing and trading. Securities Regulatory Commission, it's time to act! Risk Tip of Hexun self-selected WriterPennbattle3hs8000The above content is only the views of the author or guest, does not represent any position of Hexun, and does not constitute any investment suggestions related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products according to their own circumstances and consult professional investment advisers if necessary. Hexun tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any guarantee or commitment.