退市九有领正式处罚，受损投资者可索赔！

Core Viewpoint - The announcement from Jiuyou Investment reveals severe financial misconduct leading to its delisting, emphasizing that delisting does not exempt companies from accountability [1][5]. Group 1: Regulatory Actions - On December 10, Jiuyou Investment received an administrative penalty from the China Securities Regulatory Commission (CSRC) after being delisted for seven months [1][5]. - The Shanghai Stock Exchange publicly reprimanded Jiuyou's former chairman, Li Ming, barring him from serving as a director or senior executive in any listed company for ten years [1][5]. - The case highlights the regulatory stance that "delisting does not exempt" companies from penalties, serving as a warning for financial compliance among listed firms [6]. Group 2: Specific Violations - Jiuyou Investment was found to have committed two main violations: failure to disclose related party transactions and significant omissions in its 2020 annual report, along with false records in reports from 2021 to 2023 [6][8]. - The company concealed related party transactions, including a transaction involving the acquisition of 90% of Bohu Zongxiang Information Technology Co., Ltd. for 63.9732 million yuan, which represented 142.30% of its disclosed net assets [6][7]. - From 2021 to 2023, Jiuyou used its subsidiary Beijing Zhongguangyang Enterprise Management Co., Ltd. to fabricate internet information service business to inflate revenue and profits [7].