Shanghai Wash Tyrant: Directors and senior executives fined for short-term trading, fined ten thousand and fifteen thousand yuan respectively.

Shanghai Wash Ba announced that the company's employee representative director Pan Yangyang and vice president Suo Wei received an administrative penalty decision from the Shanghai Regulatory Bureau of the China Securities Regulatory Commission for short-term trading of company stocks. Pan Yangyang was warned and fined 100,000 yuan, Suo Wei was warned and fined 150,000 yuan. Both individuals have already turned over the profits from the short-term trading to the company. This penalty does not affect the company's daily operations, and the company will strengthen legal education for relevant personnel to prevent similar incidents from happening again.