Core Viewpoint - The regulatory penalties against Yili Clean Energy highlight the severe consequences of financial fraud and the responsibilities of independent directors in corporate governance [1][2][3] Group 1: Regulatory Actions and Penalties - Yili Clean Energy received an administrative penalty notice revealing long-term financial fraud, fund occupation, and illegal guarantees [1][2] - The total penalty for Yili Clean Energy amounts to 210 million yuan, with additional fines for related parties, including 30 million yuan for Yili Resources Group and 30 million yuan for the chairman [2] - Independent directors faced fines ranging from 50,000 to 3.5 million yuan, reflecting their varying degrees of involvement in the fraudulent activities [2] Group 2: Independent Directors' Responsibilities - Independent directors signed blank documents and failed to fulfill their duties, leading to significant financial penalties [1][3] - The case illustrates that independent directors' signatures can no longer serve as mere formalities; they are now directly linked to the outcomes of corporate actions [2][3] - The penalties imposed on independent directors underscore the shift in regulatory scrutiny, where reputational risks have transformed into substantial financial liabilities [3]