What legal responsibilities will listed companies in China face for financial fraud?

Legal analysis: 1. Order the listed company to make corrections, give a warning, and impose a fine of more than1million yuan10 million yuan; 2, give a warning to the directly responsible personnel, and impose a fine of more than five hundred thousand yuan to five million yuan; 3. Where the controlling shareholder or actual controller organizes or instigates the implementation of financial fraud, a fine of100000 yuan or more1000000 yuan or less shall be imposed.

Legal basis: Article 197 of the Securities Law of People's Republic of China (PRC). If the report submitted by the information disclosure obligor or the information disclosed contains false records, misleading statements or major omissions, it shall be ordered to make corrections, given a warning and imposed a fine of not less than one million yuan but not more than ten million yuan; Give a warning to the directly responsible person in charge and other directly responsible personnel, and impose a fine of not less than 500,000 yuan but not more than 5 million yuan. If the controlling shareholder or actual controller of the issuer organizes or instigates the above-mentioned illegal acts, or conceals relevant matters, resulting in the above-mentioned situation, a fine of more than1000000 yuan and less than1000000 yuan shall be imposed; The directly responsible person in charge and other directly responsible personnel shall be fined from 500,000 yuan to 5 million yuan.