The General Office of the State Council forwarded the "Opinions on Further Strengthening the Comprehensive Prevention and Punishment of Financial Fraud in the Capital Market" from the China Securities Regulatory Commission and other departments. It was mentioned to strengthen the crackdown on financial fraud in specific areas. Punish the financial fraud committed by securities issuers and listed companies through false trade methods such as "empty turnover" and "walk sheet" in accordance with the law. Strictly crack down on financial fraud carried out through supply chain finance, commercial factoring, bill trading and other methods. Strictly punish the financial fraud committed for the purpose of completing the performance commitments of mergers and acquisitions and reorganizations, making it easier for major shareholders to grab huge dividends, meeting the conditions for exercising stock-based incentives, and avoiding delisting. Strengthen the diligence and responsibility of private equity venture capital fund managers, and strengthen the due diligence and post-investment management of the projects invested by the funds to prevent fraudulent behavior.