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Guangxin Co., Ltd. announced that the controlling shareholder Guangxin Group previously received a notice of filing of the case on April 30, 2026; on October 16, 2026, Guangxin Group received the “Advance Notice of Administrative Penalties” from the Anhui Securities Regulatory Bureau. The supervisory authorities intend to order corrections, give a warning and fine of 1 million yuan to Guangxin Group, and give a warning and fine of 400,000 yuan to Jin Xiang due to suspected failure to fulfill reporting and announcement obligations in accordance with regulations.
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Guangxin Co., Ltd. announced that the controlling shareholder Guangxin Group previously received a notice of filing of the case on April 30, 2026; on October 16, 2026, Guangxin Group received the “Advance Notice of Administrative Penalties” from the Anhui Securities Regulatory Bureau. The supervisory authorities intend to order corrections, give a warning and fine of 1 million yuan to Guangxin Group, and give a warning and fine of 400,000 yuan to Jin Xiang due to suspected failure to fulfill reporting and announcement obligations in accordance with regulations.
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