Group 1 - The Shanghai Stock Exchange (SSE) has implemented strict regulations on information disclosure and trading violations, resulting in over 270 disciplinary actions and more than 330 regulatory measures against irregular trading in 2025 [1] - The SSE has taken a strong stance against financial fraud, publicly reprimanding 23 cases at the highest level and delisting 6 companies for serious violations; 14 companies involved in financial fraud received other risk warnings [1] - The SSE has intensified accountability measures, investigating over 50 instances involving controlling shareholders and actual controllers, with a 45% year-on-year increase in public recognition and a total of over 320 disciplinary actions against directors and senior management [1] Group 2 - The SSE has increased the severity of penalties for violations, with nearly 50% of the 155 public reprimands issued in 2025, showing a continuous growth trend for two consecutive years [1] - The SSE is focused on swiftly addressing market irregularities, particularly targeting behaviors such as speculative restructuring, false disclosures in acquisitions, and unfulfilled performance commitments; over 400 disciplinary actions and regulatory measures were issued for information disclosure violations throughout the year [1]
上交所：2025年对信息披露违规 开出400余份“罚单”
Shang Hai Zheng Quan Bao·2026-01-09 18:42