Haohai Life Sciences (688366.SH) controlling shareholder Jiang Wei was fined 14.6292 million yuan by the China Securities Regulatory Commission.

Smart Financial News APP reported that Haohai Life Science (688366.SH) issued an announcement that the company's controlling shareholder and one of its actual controllers, Jiang Wei, was punished by the China Securities Regulatory Commission for insider trading and recommending others to buy or sell securities. Jiang Wei was fined with a confiscation of illegal gains worth 4.71 million yuan and a fine of 14.6292 million yuan. The punishment decision concerns Jiang Wei personally and is unrelated to the company, therefore it will not have a significant impact on the company's daily operations, business, and finances.