证监会正在动真格！上市公司造假帮凶要慌了

Core Viewpoint - The China Securities Regulatory Commission (CSRC) is intensifying efforts to combat financial fraud in the capital market, particularly targeting third-party companies that assist in fraudulent activities [1][2][3]. Group 1: Regulatory Actions - The CSRC is working on amending laws to grant itself the authority to impose administrative penalties on third-party companies involved in financial fraud [2][10]. - The CSRC has initiated a mechanism to transfer leads on fraudulent third parties to relevant authorities for further action, which has already shown initial effectiveness [11][12]. Group 2: Increase in Criminal Cases - The number of listed companies facing criminal charges has significantly increased, with eight companies involved in criminal activities since July, and nearly twenty since early 2025 [4][5]. - The individuals typically charged are often the ultimate controllers or key executives of these companies, indicating a focus on reducing illegal activities in the capital market [4]. Group 3: Third-Party Involvement - Third-party companies, often small and unlisted, play a crucial role in facilitating financial fraud for listed companies, making it difficult to detect such activities [5][6]. - Specific cases, such as the Saiwei Intelligent case, illustrate how third parties executed fraudulent operations, including the manipulation of accounts and financial statements [6][7][8]. Group 4: Penalties and Legal Precedents - The CSRC has begun to impose penalties on third-party companies, with notable cases including fines totaling 2.3 million yuan for individuals involved in the Yu Bo Power case, marking the first administrative penalty against a third party [3][13]. - The Saiwei Intelligent case also set a legal precedent where a third-party company was held liable for a percentage of damages, indicating a shift towards holding these entities accountable [3][13].