Core Viewpoint - The company, Jiaoda Onlly (600530.SH), has reported a significant development in a legal dispute involving former executives, including the former chairman Yang Guoping, who are accused of damaging the company's interests through misappropriation of funds for personal insurance purchases totaling over 16 million yuan [1][2]. Group 1 - The company has filed a criminal report with the Shanghai Municipal Public Security Bureau regarding the actions of former executives, which are believed to constitute embezzlement and breach of fiduciary duty [1]. - The case involves a total amount of 21.0393 million yuan, with the company asserting that the actions of the former executives not only violate various laws but also pose a serious social threat [1]. - The company aims to protect its legal rights and ensure proper governance by pursuing criminal accountability against the involved former executives [1]. Group 2 - Previous statements from the company's management indicated that they did not rule out the possibility of filing criminal lawsuits related to this case [2]. - Legal experts have indicated that the actions of the former executives meet the criteria for misappropriation of company assets and funds, as outlined in the Company Law [2]. - According to legal interpretations, the threshold for "huge amounts" in cases of embezzlement is set at over 1 million yuan, aligning with standards for similar offenses [2].