CSRC: Imposes lifetime securities market ban on former chairman of Yijian Shares, Leng Tianqing

NightAirdropper · 2026-03-07T09:03:43+00:00

The China Securities Regulatory Commission has imposed a lifetime securities market ban on Cold Tianqing, Chairman of Yijian Co., Ltd., due to serious violations including false statements and financial fraud in annual reports from 2015 to 2020.

NightAirdropper

2026-03-07 09:03:43

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China Securities Regulatory Commission Issues Administrative Penalty Decision

According to investigations, Yijian Co., Ltd. failed to truthfully disclose the actual controlling shareholder in its 2015-2018 annual reports, and there were false records in its 2015-2020 annual reports. Cold Tianqing, then Chairman, Director, and General Manager of Yijian Co., Ltd., made decisions and organized the implementation of financial fraud, with particularly malicious means and extremely serious circumstances. Based on the facts, nature, circumstances, and social harm of the illegal activities, the CSRC has decided to impose a lifetime securities market ban on Cold Tianqing. From the date of the decision announcement, during the ban period, he is not only prohibited from continuing to engage in securities business or serving as director, supervisor, or senior management in the original institution or listed companies and non-listed public companies, but also from engaging in securities business or serving as director, supervisor, or senior management in any other institutions.

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