11名原高管涉嫌欺诈被判刑，R紫晶停止经营

Core Viewpoint - R Zijing has been found guilty of securities fraud and information disclosure violations, resulting in significant penalties for the company and its former executives [2][3][4]. Group 1: Legal Proceedings - The case against R Zijing and 11 former executives was accepted by the Meizhou Intermediate People's Court in Guangdong on November 11, 2024, with the prosecution initiated by the Meizhou People's Procuratorate [2]. - The core allegations involve financial fraud and violations of information disclosure regulations related to the company's activities before and after its IPO [2][3]. Group 2: Financial Misconduct - R Zijing's IPO prospectus contained false records, with inflated profits of 34.83% in 2017, 32.25% in 2018, and 42.97% in the first half of 2019, with profit inflation reaching 137.31% during the same period [3]. - The company continued its fraudulent activities post-IPO, with inflated revenues of 63.15% and profits of 174.67% in 2020, and failed to disclose external guarantees totaling 1.25 billion yuan [3]. Group 3: Sentencing and Penalties - The company was fined 37 million yuan, while the former executives received various prison sentences and fines, with the former legal representative Zheng Mu sentenced to seven years and six months in prison [4][5]. - Other executives received sentences ranging from two years to six years and six months, with fines varying from 10,000 to 500,000 yuan [4][5][6]. Group 4: Company Status - R Zijing has ceased operations, and the ongoing litigation has had a substantial impact on its financial and operational status [6].