Qibu Co.,Ltd.(SH:603557) Mei Ri Jing Ji Xin Wen·2025-09-24 14:00Group 1 - Company ST Qibu (603557.SH) was fined 10 million yuan for fraudulently issuing securities as per the verdict from the Lishui Intermediate People's Court on September 23 [2] - The China Securities Regulatory Commission (CSRC) imposed a total fine of 57 million yuan on ST Qibu for false records and significant omissions in its 2018, 2019 annual reports, and 2020 semi-annual report [3] - The Lishui City People's Procuratorate filed a public prosecution against ST Qibu on July 8, with the court hearing taking place on August 21 [3] Group 2 - The company acknowledged the first-instance judgment and stated that both the company and the defendants have the right to appeal, indicating uncertainty in the final judgment [3] - ST Qibu will continue to monitor the case and fulfill its information disclosure obligations [3]