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全面贯彻“零容忍” 上交所从严监管上市公司突出问题
Xin Hua Wang·2025-08-12 06:30

Group 1 - The Shanghai Stock Exchange (SSE) reported a significant increase in disciplinary actions in 2021, with a total of 185 disciplinary actions taken, representing a year-on-year increase of approximately 36% [1] - The SSE imposed disciplinary actions on 126 issuers and 656 related regulatory subjects, marking a year-on-year increase of about 15% [1] - The SSE publicly condemned and recognized unqualified personnel in over 50 cases related to serious violations such as financial fraud and fund occupation, showing a year-on-year increase of around 20% [1] Group 2 - The SSE focused on strict regulation of listed companies, particularly in cases of financial fraud, with 4 cases of financial fraud information disclosure being processed, resulting in public condemnation of 4 companies and disciplinary actions against 54 responsible individuals [2] - The SSE addressed over 20 cases of inaccurate financial information disclosure and facilitated the resolution of fund occupation and illegal guarantee issues for over 70 companies, involving amounts exceeding 57 billion [2] - The SSE implemented strict new delisting rules, with 14 companies delisted in 2021, including 8 forced delistings, and issued delisting risk warnings to 42 companies that triggered relevant delisting indicators after annual report disclosures [2] Group 3 - The SSE emphasized the prevention of market irregularities in the Sci-Tech Innovation Board, implementing strict information disclosure responsibilities for issuers and intermediary institutions [3] - In 2021, the SSE took disciplinary actions in 6 cases and regulatory measures in 10 cases, mainly addressing issues such as inaccurate information disclosure and non-compliance by core technical personnel [3] - The SSE also addressed issues related to underwriting and pricing, implementing 19 regulatory measures against 11 offline investors and 3 underwriting institutions [3] Group 4 - The SSE intensified efforts against malicious violations in the bond market, processing 3 cases related to "debt evasion" and imposing 46 disciplinary actions for violations of periodic report disclosures [4] - A total of 88 individuals were disciplined for their responsibilities in bond issuance and reporting violations [4] - The SSE aims to enhance its regulatory capabilities and maintain market order while protecting investors' legitimate rights and interests [4]