360 Security Technology (SH:601360) Sou Hu Cai Jing·2025-12-17 07:13Group 1 - The former executive of 360, Yu Hong, accused Zhou Hongyi of financial fraud involving at least tens of billions, which has sparked significant public discussion [1] - 360 and Zhou Hongyi issued statements denying the allegations, asserting that Yu Hong never held a core management position at 360 and that the claims of financial fraud are completely unfounded [1] - 360 emphasized its commitment to compliance, stating that it adheres to national laws and regulations, undergoes regular audits, and maintains transparent and healthy financial practices [1] Group 2 - In response to the allegations, 360 announced plans to take legal action against Yu Hong for defamation to protect its reputation and legal rights [1] - As of the market close on the day of the news, 360's stock price was 10.86 yuan, reflecting a decline of 5.07%, with a total market capitalization of approximately 760.15 billion yuan [4]