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

Bao New Energy (000690.SZ) announced that Mr. Ye Huaneng, the actual controller of the company, received an "Administrative Penalty Decision" issued by the Guangdong Securities Regulatory Bureau. In accordance with Article 197, Paragraph 1 of the Securities Law, the Guangdong Securities Regulatory Bureau decided to give Ye Huaneng a warning and impose a fine of 2 million yuan; in accordance with Article 186 of the Securities Law, the Guangdong Securities Regulatory Bureau decided to give Ye Huaneng a warning, confiscate illegal gains of 25.5429 million yuan, and impose a fine of 10 million yuan. It is reported that the Guangdong Securities Regulatory Bureau also issued an "Administrative Penalty Decision" to Ning Yuanxi at the same time.