The administrative department for industry and commerce said that if an enterprise fails to publish its annual report within the prescribed time limit, the industrial and commercial authorities will include it in the list of business anomalies and impose a fine. Enterprises that have not reported for more than three years will be included in the "blacklist" of serious illegal enterprises. After being listed in the abnormal list, the enterprise will not be able to change, cancel or convert shares, and the public can inquire about the abnormal situation of the company at any time when cooperating with foreign countries. At the same time, administrative restrictions are imposed on legal persons and executives.