According to Administrative Penalty Decision (2026) No. 39 issued by the Securities Regulatory Commission, the CSRC opened an investigation into Lo Runkai's fabrication and dissemination of false information. 1. On February 2, 2026, Lu Runkai created an article containing tax rate adjustments through an app, and published the full text using one of his own app accounts on the same day. After investigation, the above information was false. 2. False information disrupts the securities market. Lu Runkai posted false information without considering and verifying the authenticity of the relevant information, causing false information to spread widely on Internet platforms, disrupting the securities market. Lo Yun-kai had no illegal proceeds from the above acts. The above illegal facts are proven by evidence such as transcripts of inquiries from relevant personnel, media platform data, and screenshots of WeChat group information, which is sufficient to determine. According to the facts, nature, circumstances and degree of social harm caused by the person concerned, according to section 193 (1) of the Securities Law, the Securities Regulatory Commission decided to fine Lu Runkai 200,000 yuan.

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