Multiple securities firms in Shenzhen have been impersonated, and the Shenzhen Stock Exchange Association has issued an urgent warning.

Recently, the Shenzhen Securities Industry Association issued a risk alert notice about being vigilant against counterfeit securities companies or their employees committing fraud. The notice indicates that since the second half of 2025, several securities companies in Shenzhen have reported cases of criminals impersonating the company or its employees to commit fraud. The methods of fraud are constantly evolving and upgrading, with specific manifestations as follows: Firstly, developing counterfeit securities trading software for fraud. Criminals develop fake apps that closely resemble licensed securities companies' names or trading interfaces, impersonate securities company employees, and solicit retail investors under the guise of "institutional positions," "sub-account follow-up," "main force lifting," etc., promising high guaranteed returns, inducing investors to download, register and invest funds, and then continuously defrauding funds under various pretexts of paying fees. Secondly, impersonating securities company employees through chat software to commit fraud. Criminals recruit investors through social media official accounts, short video platforms, etc., entice them to download instant messaging or office-related apps, impersonate licensed securities company employees in the group, organize false stock operations to deceive investors into transferring funds. Currently, related apps being exploited include "Enterprise Cloud Alliance," "Cloud Security Trust," "Hua Yile," "Wealth Customer," "Enterprise Trust," "Modular Enterprise Edition," etc. Thirdly, impersonating licensed institutions for off-exchange margin trading fraud. Criminals promote off-exchange margin trading using the name of overseas securities companies, luring investors with low interest and high returns to swindle funds. Fourthly, carrying out a series of frauds. In some cases, after investors realize they have been cheated, criminals impersonate state agency personnel and carry out secondary deceit under the pretense of "suspected money laundering requiring fines." Regarding the situations where counterfeit securities companies or their employees commit fraud, the Shenzhen Securities Industry Association advises investors to be careful: legitimate securities companies will not solicit clients to open "sub-accounts" or "institutional positions" through social platforms, nor promise guaranteed returns. Any investment projects promising "guaranteed profits" are likely fraudulent; download official trading software from the securities company's official website or legitimate app store, and avoid downloading unclear apps through links provided by others.