退市前高管被捕！财务造假重罚3860万

Core Viewpoint - The article highlights the severe legal consequences faced by Jinzhou Port due to significant violations, including the arrest of two vice presidents and the company's entry into a delisting period due to serious financial misconduct [2][4][12]. Summary by Relevant Sections Legal Consequences - Jinzhou Port's two vice presidents were arrested for violating important information disclosure laws, indicating the seriousness of the company's legal troubles [4]. - The company and its 11 executives were fined a total of 38.6 million yuan, with Jinzhou Port itself facing a fine of 20 million yuan [3][10]. Financial Misconduct - Jinzhou Port has been accused of three major issues: failing to timely disclose the 2024 semi-annual report, committing financial fraud from 2022 to 2024, and not disclosing significant fund occupation and illegal guarantees [6][8][9]. - The company inflated profits through false trades and premature recognition of income, with inflated profits of 36.1 million yuan in 2022, 68.1 million yuan in 2023, and 15.4 million yuan in the first quarter of 2024 [8]. Delisting Process - Jinzhou Port entered a delisting preparation period on June 30, 2025, with the last trading day expected to be July 18, 2025, due to serious violations [12]. - The company is among eight others that have faced delisting due to major violations since 2025, reflecting a stricter regulatory environment [12]. Regulatory Environment - The regulatory authorities are intensifying penalties for financial fraud, particularly for companies with high and continuous levels of misconduct [3][14]. - New measures have been introduced to hold third parties accountable for aiding in financial fraud, indicating a comprehensive approach to preventing such misconduct [14].