Hainan Huatian Technology Group Co., Ltd. (603300.SH): fined 8 million yuan by the CSRC for incomplete disclosure of major contracts.
Zhito Finance APP news, Hainan Huatie (603300.SH) announced that the company has received a "Notice of Administrative Penalty Advance Notification" issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. It was found that the company's major contract interim disclosure was incomplete and did not disclose terms that had a significant impact on the agreement; major contract major developments or changes were not disclosed in a timely manner. The company is planning to be ordered to make corrections, receive a warning, and be fined 8 million yuan. In addition, the company's former general manager and director Hu Danfeng, former chairman Zhang Qiaoao, and former board secretary and deputy general manager Guo Haibin are also planning to be fined. The company stated that it does not involve other risk warnings, major illegal compulsory delisting situations, and its current operating activities and business are all operating normally.
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