Medical company Sinocare's stock price fell by over 10% as it is under investigation by public security agencies for suspected fraudulent issuance of securities.

date
20/08/2025
SiChuang Yi Hui's stock price has dropped more than 15% for the first time, and is currently down 10.33% to 3.56 yuan, with a total market value of less than 4 billion yuan. SiChuang Yi Hui announced that on August 14, 2025, the company received a "Notice of Evidence Retrieval" from the Hangzhou Public Security Bureau, which showed that the company is suspected of fraudulently issuing securities and that the police in Hangzhou need to retrieve relevant evidence materials from the company. As of now, the case is in the investigation stage by the public security authorities, and there is no clear conclusion yet. The company will actively cooperate with the investigation and evidence collection work, and fulfill its disclosure obligations according to the progress of the case.