Biology Valley: Former actual controller convicted of breach of trust and harming the interests of the listed company, sentenced to 3 years.

The Biological Valley announcement states that the Yunnan Provincial High Court has issued a Criminal Judgment, finding the former actual controller and former chairman and general manager of the company, Lin Yanhe, and the former secretary of the board of directors and chief financial officer, He Yuan, guilty of breach of trust and damage to the interests of the listed company. Lin Yanhe was sentenced to three years in prison and fined 5 million yuan, while He Yuan was sentenced to one year and six months in prison and fined 2 million yuan. The frozen 62 million yuan will be returned to Biological Valley, and efforts will continue to recover the illegal gains of the defendants and return them to Biological Valley.