Shanxi Tond Chemical (002360.SZ) received an advance notice of administrative penalties.

Shanxi Tond Chemical (002360.SZ) announcement: On November 20, 2024, the company received the "Pre-Penalty Notification Letter" (Jinzheng Supervision Penalty No. 3 [2024]) issued by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission. The relevant content is now announced as follows: Shanxi Tond Chemical Co., Ltd., Zhang Hong, Wu Qingwen, Zhang Ning: Shanxi Tond Chemical Co., Ltd. (referred to as "Shanxi Tond Chemical" or "listed company") is suspected of illegal disclosure of information. The investigation by our bureau is complete, and we are planning to impose administrative penalties on you in accordance with the law. Zhang Hong, Wu Qingwen, and Zhang Ning are suspected of violating Article 82, Paragraph 3 of the Securities Law, and Article 51, Paragraph 2 of the Information Disclosure Measures, constituting the illegal acts described in Article 197, Paragraph 1 of the Securities Law. Based on the facts, nature, circumstances, and extent of social harm of the illegal acts of the parties, in accordance with Article 197, Paragraph 1 of the Securities Law, our bureau intends to decide: 1. Shanxi Tond Chemical is ordered to correct, given a warning, and fined 1 million RMB; 2. Zhang Hong is given a warning and fined 400,000 RMB; 3. Wu Qingwen is given a warning and fined 300,000 RMB; 4. Zhang Ning is given a warning and fined 200,000 RMB.