The China Securities Regulatory Commission has opened an investigation into An Mou for fabricating and spreading false information about Zhonggong Education.

The CSRC has now determined that on July 2, a person surnamed An (male, online alias: Nanjing Road Baby Boss) fabricated and disseminated false and misleading information concerning the listed company Zhonggong Education, severely disrupting the order of the securities market, seriously undermining public order and good customs, and suspected of violating the Securities Law. The Commission has decided to initiate an investigation into An. Next, the Commission will, on the basis of a comprehensive investigation, seriously pursue the legal liability of the relevant parties. If suspected of a crime, the case will be transferred to public security authorities in accordance with the law.

The internet is by no means a lawless place. Fabricating and disseminating false and misleading information is strictly prohibited by securities and futures laws and regulations, and has always been a focus of the CSRC's enforcement efforts. The Commission will continue to closely monitor, swiftly respond to, and seriously investigate and punish acts of fabricating and disseminating false and misleading information in the securities and futures markets, making every effort to maintain the order of information dissemination in the capital market.

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