Shanghai Lingang: Received the Administrative Supervision Decision Letter from the Shanghai Securities Regulatory Bureau

Shanghai Lingang Announcement, the company received the Administrative Supervision Decision Letter from the Shanghai Securities Regulatory Bureau. Due to inaccurate financial data in the 2022, 2023, and 2024 periodic reports, the total liabilities were underreported by 3.01B yuan, 5.17B yuan, and 5.28B yuan respectively, and the owners’ equity was overreported by 3.01B yuan, 5.17B yuan, and 5.28B yuan respectively. Administrative supervision measures requiring correction have been imposed. The company’s Chairman, Weng Kaining, Yuan Guohua, President Liu Dehong, and CFO Yao Wei have all received warning letters.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin