光学膜企业康得新董事长被判刑15年

Core Viewpoint - The long-standing financial fraud case of Kangde Xin has reached its conclusion, with the Jiangsu Provincial High Court upholding the original verdict, marking the end of the criminal proceedings against the company and its executives [1][3]. Group 1: Legal Outcomes - Kangde Xin was fined a total of 410 million RMB for securities fraud and foreign exchange fraud, with the actual controller and chairman, Zhong Yu, sentenced to 15 years in prison and fined 20.2 million RMB [3]. - Other key personnel received significant prison sentences, including the former general manager Xu Shu, sentenced to 6 years and 6 months, and the former financial director Wang Yu, sentenced to 13 years [3]. - The case involved systematic financial fraud orchestrated by Zhong Yu and other senior management over a period of seven years, severely disrupting the securities market [3]. Group 2: Company Background and Impact - Kangde Xin was once a reputable company in the polymer composite materials sector, known for its high-end materials like optical films, and was considered a "white horse stock" in the market [4]. - The financial fraud led to the company's delisting from the capital market, resulting in significant losses for investors [4]. - The final ruling serves as a strong legal sanction against the perpetrators and emphasizes the regulatory authorities' zero-tolerance stance towards financial fraud in the capital market, reinforcing market integrity and investor rights [4]. Group 3: Financial Implications - Kangde Xin has accounted for the fine in its financial statements, noting that the amount represents 3.29% of its most recent audited net assets, indicating no impact on current or future profits [4]. - The conclusion of the case lays a legal foundation for potential civil compensation and investor rights protection matters in the future [4].