市场监管重拳出击，*ST富润涉财务造假终退市

Group 1 - The core point of the article is that Zhejiang Furun Digital Technology Co., Ltd. (*ST Furun) has been penalized for serious financial misconduct, leading to the termination of its stock listing on April 30, 2025 [1][2][3] - The company engaged in fraudulent activities through its subsidiary, resulting in inflated revenue and costs amounting to 717 million yuan and 716 million yuan respectively from 2020 to mid-2022 [1] - The Shanghai Stock Exchange issued a notice on April 10, 2025, indicating that *ST Furun's stock had been trading below 1 yuan for 20 consecutive trading days, triggering delisting conditions [3] Group 2 - The Zhejiang Securities Regulatory Bureau imposed a fine of 5.5 million yuan on *ST Furun, with additional penalties for key executives, including 2.5 million yuan for the chairman and vice-chairman [2] - The penalties highlight the serious consequences of financial misconduct and serve as a warning to other listed companies about the repercussions of illegal activities [3] - Investors who suffered losses due to the company's actions may be eligible for compensation, with specific conditions outlined for claims based on trading dates [3]