Core Viewpoint - The China Securities Regulatory Commission (CSRC) has announced a significant investigation into Oriental Group for serious financial fraud, which may lead to mandatory delisting due to major violations [1] Group 1: Investigation Details - The CSRC initiated an investigation into Oriental Group on June 20, 2024, for suspected major financial fraud [1] - Preliminary findings indicate that the financial information disclosed by Oriental Group from 2020 to 2023 is severely inaccurate [1] Group 2: Regulatory Actions - The CSRC emphasizes that financial fraud severely harms investor interests and will take strict actions against various fraudulent behaviors [1] - Companies that are found to have committed major violations leading to mandatory delisting will face strict enforcement of delisting regulations [1]
证监会:东方集团涉嫌重大财务造假 可能触及重大违法强制退市情形