Quanyangquan announced that the company recently received the “Decision on Issuing Warning Letter Measures against Jilin Quanyangquan Co., Ltd. and those responsible” issued by the Jilin Securities Regulatory Bureau. After investigation, the amount involved in lawsuits and arbitration matters that occurred during the 12 consecutive months up to January 8, 2024 was 180 million yuan, accounting for 10.93% of the net assets returned to the mother in the latest audit. The company failed to promptly fulfill its obligation to disclose information. Jiang Changlong, chairman at the time, Wang Jinhui, general manager, and Jin Ming, secretary of the board of directors, were mainly responsible for these irregularities. The Jilin Securities Regulatory Bureau decided to take supervisory measures to issue a warning letter against the company and related personnel, and record it in the securities and futures market integrity file.

Quanyangquan announced that the company recently received the “Decision on Issuing Warning Letter Measures against Jilin Quanyangquan Co., Ltd. and those responsible” issued by the Jilin Securities Regulatory Bureau. After investigation, the amount involved in lawsuits and arbitration matters that occurred during the 12 consecutive months up to January 8, 2024 was 180 million yuan, accounting for 10.93% of the net assets returned to the mother in the latest audit. The company failed to promptly fulfill its obligation to disclose information. Jiang Changlong, chairman at the time, Wang Jinhui, general manager, and Jin Ming, secretary of the board of directors, were mainly responsible for these irregularities. The Jilin Securities Regulatory Bureau decided to take supervisory measures to issue a warning letter against the company and related personnel, and record it in the securities and futures market integrity file.