Yahui Long: Fined 4 million yuan for suspected violations of information disclosure laws and regulations

2026-03-29 17:17:06

Yahui Long Announcement: The company received an “Administrative Penalty Decision” issued by the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission for suspected violations of information disclosure laws and regulations. According to the relevant provisions of the Securities Law, the company has been ordered to make corrections and fined 4 million yuan. The actual controller and chairman Hu Kunhui, as well as the board secretary Wang Mingyang, were also warned and fined 2 million yuan and 1.5 million yuan, respectively. This penalty will not affect the normal operations of the company, and all business activities are proceeding in an orderly manner.

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