360 Security Technology (SH:601360) 程序员的那些事·2025-12-16 14:11Core Viewpoint - The article discusses serious allegations of financial fraud against 360 Group's founder Zhou Hongyi, made by former executive Yu Hong, claiming that the company inflated revenue by at least tens of billions through deceptive practices in its gaming business [4][6]. Group 1: Allegations and Responses - Yu Hong publicly accused Zhou Hongyi of financial misconduct, stating he has data to support claims of inflated revenue through "self-recharge" practices in the gaming sector [6]. - 360 Group quickly issued a statement denying the allegations, clarifying Yu Hong's role in the company and asserting that the company operates in compliance with regulations and that its financial reports are audited by reputable firms [8][9]. - The company announced intentions to pursue legal action against Yu Hong for defamation, aiming to protect its reputation [9]. Group 2: Market Impact - The controversy led to a significant drop in 360's stock price, which fell by 5.07% to close at 10.86 yuan on December 16, with a trading volume exceeding 2.1 billion yuan [12][14]. - Investors expressed their concerns in the comments of Zhou Hongyi's social media posts, demanding clarifications regarding the allegations and expressing dissatisfaction over the stock's performance [14]. Group 3: Ongoing Developments - As of now, Yu Hong has not provided the alleged data evidence to support his claims, and the potential legal disputes between him and 360 Group are expected to be a focal point moving forward [15].