Sun Zheyuan was fined and confiscated 485,000 yuan for fabricating and disseminating false information.

date
03/08/2026
The Sichuan Securities Regulatory Bureau determined that Sun Zheyuan controlled and used the Baidu Baijia account "Di Kan" to fabricate multiple false articles regarding soda ash production and publicly released them. The act of fabricating and disseminating the aforementioned false information had a significant misleading effect on investors, disrupted the futures market. Sun Zheyuan was ordered to forfeit illegal gains amounting to 85,028.85 yuan and was fined 400,000 yuan.