Zijing Storage Financial Fraud Case Analysis - Audit Risk Prevention for Listed Companies

Abstract

Zijing Storage, as a company listed on the Science and Technology Innovation Board, originally enjoyed a high reputation in the industry for its research and development, design, and development of core technologies for Blu-ray data storage systems, as well as the production, sales, and services of optical storage media, equipment, and solutions based on this technology. However, the company’s recent financial fraud case has attracted widespread attention. This case analysis aims to deeply analyze the process, causes, and impact of Zijing Storage’s financial risk fraud, and put forward corresponding suggestions.