Zhitong Finance App News, Hainan Huatie (603300.SH) issued an announcement. The company received the “Advance Notice of Administrative Penalties” issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. It was discovered that the disclosure of the company's major contract interim announcements was incomplete, did not disclose clauses that had a significant impact on the execution of the agreement; major developments or changes in major contracts were not disclosed in a timely manner. The company plans to be ordered to make corrections, give a warning, and be fined 8 million yuan. In addition, the company's then-general manager and director Hu Danfeng, then-chairman Zhang Qiao, and then-board secretary and deputy general manager Guo Haibin will also be fined. The company stated that it has not touched on other risk warnings or major illegal forced delisting situations, and that its business activities and business are currently being carried out normally.

Zhitong Finance App News, Hainan Huatie (603300.SH) issued an announcement. The company received the “Advance Notice of Administrative Penalties” issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. It was discovered that the disclosure of the company's major contract interim announcements was incomplete, did not disclose clauses that had a significant impact on the execution of the agreement; major developments or changes in major contracts were not disclosed in a timely manner. The company plans to be ordered to make corrections, give a warning, and be fined 8 million yuan. In addition, the company's then-general manager and director Hu Danfeng, then-chairman Zhang Qiao, and then-board secretary and deputy general manager Guo Haibin will also be fined. The company stated that it has not touched on other risk warnings or major illegal forced delisting situations, and that its business activities and business are currently being carried out normally.