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Aug 27, 2021 07:04 PM (GMT+8) · EqualOcean
Beijing Securities Regulatory Bureau issued the decision on Issuing warning letters to oceanwide Holdings Co., Ltd. After investigation, the company has the following violations: failure to timely disclose the major litigation of Zhongyuan bank and inaccurate information disclosure in the corresponding external guarantee announcement, failure to timely disclose the major litigation of Zhongying Yili and the default of failing to pay off the due major debts, failure to timely disclose the follow-up progress of major contracts, and failure to timely disclose the frozen equity of Minsheng securities.

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