Economic Daily: financial report "patch" must eliminate "zero tolerance" regulation is indispensable

(economic Daily: financial report "patch" must remove "zero tolerance" regulation indispensable)-- according to an article in the Economic Daily, the disclosure of the A-share annual report for 2022 and the quarterly report for 2023 has come to an end, while some listed companies are busy patching financial reports. According to the author's incomplete statistics, at present, nearly 100 companies have issued corrected financial reports. The corrections are varied: the data units are wrong, the shareholders' shareholdings are confused, the total assets are more, and there is even a corrected version of the company's financial report, with as many as 76 "patches", causing an uproar. To remove the "patch" of financial statements, zero-tolerance regulation is indispensable. Judging from the current situation, there are mistakes in the financial statements of listed companies, which are mostly made up for, which objectively results in some enterprises being indifferent to the quality of financial statements. The regulatory authorities should pay more attention to the financial report "patching" companies and urge them to explain clearly the reasons for the "patching", what responsibility the relevant responsible persons will bear, and what measures will be taken to prevent such incidents from happening again. For major financial data errors and omissions, suspected of false statements or stock price manipulation, we should keep a close eye on it. Once verified, the heavy penalty should be investigated, and those who should be investigated for criminal responsibility should be investigated for criminal responsibility.