CSRC seriously investigates and punishes the serious financial fraud case of Dongfang Tong.

Recently, the China Securities Regulatory Commission issued an administrative penalty pre-notification to Beijing Orient Technology Co., Ltd., a company listed on the Shenzhen Stock Exchange's Growth Enterprise Board, for suspected false recording of financial data in its periodic reports. After investigation, *ST Dongtong has been found to have falsely inflated its revenue and profits for four consecutive years, in violation of securities laws and regulations. The commission plans to fine the listed company 2.29 billion yuan, fine a total of 44 million yuan to 7 responsible individuals, and impose a 10-year ban from the securities market on the actual controller.