The Shenzhen Stock Exchange issued a regulatory letter to Sainty Eco regarding its failure to fulfill its disclosure obligations in a timely manner.
The Shenzhen Stock Exchange issued a regulatory letter to Shengyuan Environmental Protection. After investigation, it was found that according to the company's disclosure of the "Announcement on the Progress of Investing Idle Own Funds in Investment and Financing," a private equity fund product subscribed to by the company's subsidiary Xiamen Jinling Construction Engineering Co., Ltd. incurred significant losses. The company did not disclose this information in a timely manner, only disclosing it to the public on December 26, 2025. The chairman Zhu Yuxuan, general manager Zhu Hengbing, and board secretary Chen Wenyu of the company failed to fulfill their diligent duties. The Shenzhen Stock Exchange requires the company to fully address the above issues, learn lessons, promptly rectify them, and prevent the recurrence of such problems.
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