DOCTORGLASSES CHAIN CO.(SZ:300622) Sou Hu Cai Jing·2026-01-25 10:48Core Viewpoint - The China Securities Regulatory Commission (CSRC) has imposed a fine exceeding 1 billion yuan on individual Yu Han for manipulating the stock of "Doctor Glasses," along with a three-year ban from the securities market [1][4]. Group 1: Penalty Details - The total penalty imposed on Yu Han amounts to 1.022 billion yuan, which includes the confiscation of illegal gains of approximately 510.89 million yuan and an equal amount in fines [4]. - The CSRC has also enforced a three-year ban on Yu Han from engaging in any securities business or serving as a director, supervisor, or senior management in any securities-related entity [5]. Group 2: Manipulation Methods - Yu Han manipulated the stock of "Doctor Glasses" from June 25, 2019, to August 16, 2024, using 67 accounts to control trading activities [3][4]. - The manipulation involved two main strategies: leveraging funding and shareholding advantages for continuous buying and selling, and conducting trades between accounts under his control [4]. - During the manipulation period, there were 212 trading days where trades occurred between Yu Han's accounts, with 12 days where the trading volume exceeded 10% of the market volume, peaking at 25.32% [4].