Penyao Environmental Protection (300664.SZ) and related personnel have received a warning letter from the Jiangsu Securities Regulatory Bureau.

Penyao Environmental Protection (300664.SZ) announcement: On September 23, 2024, the company received a decision from the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission to issue a warning letter to Penyao Environmental Protection Co., Ltd. and related persons. The document pointed out the company's violations, including: The 2023 restricted stock incentive plan had issues with incentive targets holding shares on behalf of others, and the disclosure documents related to the stock incentive plan and the disclosure of stock incentive grants in the "2023 Semi-Annual Report" did not match the actual situation. There were also inaccuracies in the disclosure of related party transactions in the company's annual reports for 2020-2022.