According to the Shanghai Stock Exchange's disciplinary decision, Zhang Xuezheng, the actual controller of Wingtai Technology, and its co-operators, controlling shareholders Wentianxia Technology Group Co., Ltd. and Fu Lina, committed the following irregularities in information disclosure and stock trading. The concerted action relationship was concealed, resulting in major omissions in the company's relevant annual reports; failure to fulfill offer and acquisition obligations in accordance with law; and reduction of shares did not disclose the holdings reduction plan in advance in accordance with regulations and exceeded the proportional limit. The Shanghai Stock Exchange issued the following disciplinary decision: Zhang Xuezheng, the actual controller of Wingtech Technology Co., Ltd., and its co-actors, controlling shareholders Wentianxia Technology Group Co., Ltd. and Fu Lina were publicly condemned.

Zhitongcaijing · 03/21 12:09
According to the Shanghai Stock Exchange's disciplinary decision, Zhang Xuezheng, the actual controller of Wingtai Technology, and its co-operators, controlling shareholders Wentianxia Technology Group Co., Ltd. and Fu Lina, committed the following irregularities in information disclosure and stock trading. The concerted action relationship was concealed, resulting in major omissions in the company's relevant annual reports; failure to fulfill offer and acquisition obligations in accordance with law; and reduction of shares did not disclose the holdings reduction plan in advance in accordance with regulations and exceeded the proportional limit. The Shanghai Stock Exchange issued the following disciplinary decision: Zhang Xuezheng, the actual controller of Wingtech Technology Co., Ltd., and its co-actors, controlling shareholders Wentianxia Technology Group Co., Ltd. and Fu Lina were publicly condemned.