Lontrue Co., Ltd. (300175.SZ): China Securities Regulatory Commission files a case against the company.
Langyuan shares (300175.SZ) announced that the company received a notice from the China Securities Regulatory Commission on September 13, 2024.
Lontrue Co., Ltd. (300175.SZ) announced that on September 13, 2024, the company received a "Notice of Filing" issued by the China Securities Regulatory Commission. Due to suspected violations of laws and regulations regarding information disclosure, the China Securities Regulatory Commission has decided to investigate the company.
After the company conducted a self-investigation, it was found that the main reason for this investigation was the company's former controlling subsidiary, Guangdong Youshi United Holding Group Co., Ltd. ("Youshi United"), which was suspected of being involved in fraudulent transactions. The company has already taken active measures to rectify the situation.
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