Ye Huaneng, the actual controller of Baoxin Energy (000690.SZ), received an administrative penalty decision from the Guangdong Securities Regulatory Bureau

Zhitong Finance App News, Baoxin Energy (000690.SZ) announced that Mr. Ye Huaneng, the actual controller of the company, received the “Administrative Penalty Decision” issued by the Guangdong Securities Regulatory Bureau. According to section 197 (1) of the Securities Law, the Guangdong Securities Regulatory Bureau decided to give Ye Huaneng a warning and fine of 2 million yuan; according to section 186 of the Securities Law, it decided to give Ye Huaneng a warning, confiscate 255.42,900 yuan of illegal proceeds, and fine 10 million yuan. According to reports, the Guangdong Securities Regulatory Bureau also issued an “Administrative Penalty Decision” against Ning Yuanxi.