ST Tianyu: Due to violations in information disclosure, etc., it is planned to be warned and fined 6 million yuan by the Hubei Securities Regulatory Bureau.
ST Tianyu announced that the company has received a "Notice of Administrative Penalty Prior Notification" from the Hubei Securities Regulatory Bureau. After investigation, the company is suspected of failing to disclose related transactions according to regulations, non-operational fund occupation by the actual controller, and significant guarantees, resulting in significant omissions in the periodic reports. The Hubei Securities Regulatory Bureau intends to order the company to make corrections, issue a warning, and impose a fine of 6 million yuan; issue a warning to the actual controller Yan Chunyu, impose a fine of 13.5 million yuan, and implement a 5-year ban from the securities market; impose fines ranging from 2 million to 2.5 million yuan on other relevant personnel. The company stated that this matter does not involve a situation of significant illegal mandatory delisting, the current operations are normal, and the final outcome will be subject to the formal punishment decision.
Latest
4 m ago

