Guangxin Co., Ltd.: Guangxin Group is proposed to be fined 1 million yuan.

date
16/10/2026
Guangxin Co., Ltd. announced that its controlling shareholder, Guangxin Group, previously received a notice of case filing on April 30, 2026; on October 16, 2026, Guangxin Group received the "Prior Notice of Administrative Penalty" from the Anhui Securities Regulatory Bureau. On suspicion of failing to perform reporting and announcement obligations as required, the regulatory authorities intend to order Guangxin Group to make corrections, issue a warning, and impose a fine of 1 million yuan, and to issue a warning to Huang Jinxiang and impose a fine of 400,000 yuan.