这家公司实控人被判刑！财务造假刑事追责力度明显提升

Core Viewpoint - The recent criminal sentencing of the actual controller of Liyuan Technology highlights the increasing severity of penalties for financial fraud in China's capital markets, reflecting a broader trend of stricter enforcement against financial misconduct [2][6]. Group 1: Company Overview - Liyuan Technology announced that its actual controller, Shen Wanzhong, was sentenced to one year in prison with a one and a half year probation and fined 3.3 million yuan for the crime of illegally disclosing important information [2]. - The sentencing is linked to a financial fraud case from 2021, where the company was found to have inflated revenue and profits through premature recognition of project progress [4][5]. - Following the sentencing, Shen Wanzhong resigned from his positions as chairman and director of the company, although he retains shareholder rights [5]. Group 2: Financial Misconduct Details - In 2021, Liyuan Technology inflated its revenue by 15.42 million yuan in the first half, 21.68 million yuan in the third quarter, and over 104 million yuan for the entire year, representing significant percentages of the reported figures [4]. - The company faced administrative penalties from the Zhejiang Securities Regulatory Bureau, including a fine of 10 million yuan for the financial misconduct [4][5]. Group 3: Industry Trends - There has been a notable increase in cases where companies and their executives face criminal charges for financial fraud, indicating a tougher regulatory environment [6][7]. - Recent cases include multiple companies, such as Jinjiao Port and Ruisi Kanda, where executives have been arrested for similar offenses, reflecting a systemic crackdown on financial misconduct [7][8]. - The Chinese government has intensified its efforts to combat financial fraud, with new regulations and guidelines aimed at enhancing accountability and deterring future violations [9][10].