Financial fraud and delisting of a listed company is not a “one-size-fits-all” move. In addition to administrative penalties, follow-up procedures such as criminal prosecution and civil claims are also being promoted, such as R Dongfangtong 1. A number of people familiar with the matter said that Qu Tao, the current chairman and general manager of Dongfangtong, has been taking criminal coercive measures for about half a month, and the company has not issued any relevant announcements yet.

Financial fraud and delisting of a listed company is not a “one-size-fits-all” move. In addition to administrative penalties, follow-up procedures such as criminal prosecution and civil claims are also being promoted, such as R Dongfangtong 1. A number of people familiar with the matter said that Qu Tao, the current chairman and general manager of Dongfangtong, has been taking criminal coercive measures for about half a month, and the company has not issued any relevant announcements yet.