Generally, the person who fills in the report is responsible for the authenticity of the data. If the data is not true, there may be a fine.
Those who falsely publicize the company's annual report information shall be punished in accordance with the relevant provisions of the Measures for the Administration of Annual Reports of Enterprises. According to the relevant provisions of the Measures for the Administration of Annual Reports of Enterprises, in the process of filing annual reports, the company must truthfully fill in the annual report information and shall not resort to deceit. Therefore, the punishment basis for false propaganda of the company's annual report information is the Measures for the Administration of Enterprise Annual Reports.