Qibu Co.,Ltd.(SH:603557) Mei Ri Jing Ji Xin Wen·2025-09-25 06:34Group 1 - ST Qibu (SZ603557) has been fined a total of 62 million yuan for fraudulent issuance of securities, with a recent penalty of 10 million yuan imposed on the company and six executives facing prosecution for related offenses [2][3] - The company has experienced continuous financial decline, reporting a revenue drop from 773.4 million yuan in 2020 to 327.3 million yuan last year, with a cumulative net loss of 1.762 billion yuan over five years [3] - In the first half of this year, ST Qibu's revenue was 85.84 million yuan, a year-on-year decrease of 33.53%, and the net loss attributable to shareholders was 37.14 million yuan, down 20.13% year-on-year [3] Group 2 - The fraudulent issuance behavior has severely damaged the reputation and competitiveness of China's capital market, necessitating increased efforts to combat illegal activities and protect investor rights [3] - The Criminal Law Amendment (XI) effective from March 1, 2021, has increased the maximum prison term for fraudulent issuance from five to fifteen years, reflecting the country's determination to crack down on such crimes [3] - The case serves as a reminder for investors to focus on risk control and conduct thorough research on companies, emphasizing the importance of transparency and integrity in the capital market [4]