Express News | The CSRC: Accelerate the establishment of a third-party monitoring and early warning mechanism for fraudulent activities, and remain committed to thorough investigations.

BreakingsApr 17 17:21

Zijin Storage Fraudulent Issuance Case Concludes: All 10 Senior Executives Sentenced, with the Longest Sentence Reaching Seven and a Half Years

Gelonghui, December 14th | Guangdong Zijin Information Storage Technology Co., Ltd. (hereinafter referred to as “Zijin Storage”), which has delisted from the STAR Market, recently announced a significant update on an ongoing legal case, disclosing the criminal verdict against the company and its core management team. According to the criminal judgment document (2024) Yue 14 Criminal Initial No. 23 issued by the Intermediate People's Court of Meizhou City, Guangdong Province, this once high-profile technology enterprise was fined RMB 37 million for the crime of fraudulent issuance of securities. All ten senior executives, including actual controller Zheng Mu and Luo Tiwei, were sentenced, with the longest prison term reaching seven and a half years.

Gelonghui FinanceDec 14, 2025 10:29

Express News | Wu Qing: Tighten the “safety net” for investors to protect

BreakingsSep 22, 2025 16:03

Regulators have issued 8 fines in a row, and intermediary institutions collectively bear the responsibility for the fraudulent issuance of Purple Crystal Storage.

①The Zijin Storage case effectively protects the legitimate rights and interests of investors and fully demonstrates the comprehensive role of the administrative law enforcement party commitment system in relief, punishment, education, and resolution of market conflicts and disputes. ②The latest disclosure consists of 8 fines, and both the signatory registered accountants and the insurance representatives of Zijin Storage case have been fined. ③The negative evaluation disclosure mechanism of the sponsoring representative is being adjusted, and the subsequent punishment situations of the insurance representatives will be made public, creating reputational pressure.

cls.cnAug 31, 2024 08:51

Delisting of Amethyst (688086.SH) shares terminated Delisting on July 7

According to the Zhitong Finance App, the delisting of Amethyst (688086.SH) issued an announcement. On May 31, 2023, the company received the “Decision on Termination of the Stock Listing of Guangdong Amethyst Information Storage Technology Co., Ltd.” (Shanghai Stock Exchange Self-Regulatory Decision (2023) No. 116) from the Shanghai Stock Exchange, which decided to terminate the listing of the company's shares. According to the relevant provisions of the “Science and Technology Innovation Board Stock Listing Rules”, the company's shares entered the delisting period on June 8, 2023. The delisting period is 15 trading days. As of June 30, 2023, the company's shares are already in

Zhitong FinanceJun 30, 2023 19:43

Express News | Shanghai Stock Exchange: From June 12 to June 16, the Shanghai Stock Exchange will focus on monitoring delisted stocks such as future delisted, delisted Furen, delisted Yunsheng, delisted Zhongchang, delisted Zeda, and delisted amethyst.

BreakingsJun 16, 2023 18:55