Bona Pictures (001330.SZ) and related personnel received a decision on administrative supervision measures from the Xinjiang Securities Regulatory Bureau

Zhitongcaijing · 05/08 12:25

Zhitong Financial App News, Bona Pictures (001330.SZ) issued an announcement. On May 8, 2025, the company received the “Decision on Adopting Corrective Supervisory and Administrative Measures against Bona Pictures Group Co., Ltd.” ([2025] No. 12), “Decision on Adopting Supervisory and Administrative Measures Issuing Warning Letters for Winter” ([2025] No. 11), “Decision on Adopting Supervisory and Administrative Measures for Issuing Warning Letters against Qi Zhi” (2025 [[2025] No. 13) from the Xinjiang Regulatory Bureau (hereinafter referred to as the “Xinjiang Securities Regulatory Administration”) (The following merger is collectively referred to as the “Decision on Administrative Supervision Measures”).

After investigation, in 2022, Bona Pictures and its subsidiaries provided funds of 209.926,800 yuan to the company's director and vice president Qi Zhi and his related parties through a third party in the form of payment of trust funds, etc., which constituted the occupation of non-operating capital by other related parties. As of the end of December 2024, the funds used above have been repaid. Bona Pictures did not disclose non-operating financial transactions with other related parties in accordance with regulations. In 2023, Bona Pictures and its subsidiaries provided a total of 260.5532 million yuan to Yu Dong and its related parties through third party payments in the form of trust fund management payments, etc., which constituted the use of non-operating capital by the controlling shareholder. As of the end of December 2024, the funds used above have been repaid. Bona Pictures failed to disclose non-operating financial transactions with controlling shareholders in accordance with regulations.