Frequent financial internal control loopholes, income recognition "turning face", Ruida Futures punished by regulators multiple times.

In the first quarter of 2025, Ruida Futures Co., Ltd. led the listed futures companies with impressive performance in terms of revenue and net profit growth. However, the bright financial report cannot hide its internal control concerns - on April 30th, the Xiamen Securities Regulatory Bureau issued a penalty to Ruida Futures, pointing out accounting irregularities in its subsidiary, Ruida Xin Kong Capital Management Co., Ltd. The subsidiary had recognized some trade-related business income in the previous year that did not comply with the "Enterprise Accounting Standards," leading to inaccurate financial data disclosed in the company's annual reports. At the same time, the Chairman of Ruida Futures, Lin Zhibin, the General Manager Ge Chang, the Chief Financial Officer Zeng Yonghong, and the Chief Risk Officer Yang Mingdong were all issued warning letters as administrative supervision measures. On that day, the Shenzhen Stock Exchange also issued regulatory letters to the company and related responsible persons, pointing out that senior management had not fulfilled their duties faithfully and diligently. According to incomplete statistics, this is the fourth public penalty the company has received since 2024. Industry experts believe that the repeated penalties on a few futures companies are often due to their short-sighted focus on business over compliance, failing to establish a compliance culture that aligns with the industry's high-quality development and strict supervision.