The China Securities Regulatory Commission imposed a 1 million yuan fine on Jinyuan EP (SHE:000546) for failure to disclose information promptly, according to a Shenzhen Stock Exchange disclosure on Saturday.
The building materials manufacturer did not disclose that Chairman Zhao Hui and Chief Financial Officer Fang Guangquan issued 406.6 million yuan worth of shares in the company, or 8.4% of shares, to purchase goods from suppliers in October 2023.
The regulator imposed a fine of 1.5 million yuan on Zhao and 400,000 yuan on Fang, the disclosure added.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。