Core Viewpoint - The court has issued a first-instance judgment regarding the contract fraud and embezzlement case involving the acquisition of Shenzhen TeFa DongZhi Technology Co., Ltd by TeFa Information, leading to significant financial implications for the company [1][4]. Group 1: Legal Proceedings - The case has been ongoing for over three years, with the Shenzhen Public Security Bureau initially notifying TeFa Information in July 2022 [4]. - The defendants include Chen Chuanrong, Yi Zongxiang, Liu Ying, Wang Ling, and Liu Bing, with TeFa Information being the victim of the fraud [4]. Group 2: Court Findings - The court found that the defendants engaged in financial fraud to illegally obtain assets from TeFa Information, constituting contract fraud and embezzlement [6]. - The court ordered the recovery of approximately 145 million yuan (after deducting compensation) from Chen Chuanrong, along with other amounts from the co-defendants, totaling 2.76 million yuan from Liu Bing, 21.55 million yuan from Yi Zongxiang, and 4.18 million yuan from Liu Ying [6]. Group 3: Financial Misconduct - The Shenzhen Securities Regulatory Commission identified that from 2015 to 2019, TeFa DongZhi inflated revenue by 328 million yuan and manipulated costs, resulting in a profit inflation of approximately 43.87 million yuan [8]. - The fraudulent activities included falsifying procurement orders and manipulating financial statements, with key roles played by Chen Chuanrong and others in orchestrating the financial misconduct [8].
历时3年多!000070,判了