Weining Health: Subsidiaries and former chairman involved in bribery case.
China Securities Pengyuan Announcement, Weining Health Announcement, Wholly-owned subsidiary Shenzhen Weining Zhongtian Software Co., Ltd. and former chairman Zhou Wei were convicted of bribery in the first instance and sentenced to a fine of 800,000 yuan and 200,000 yuan, with a prison term of one year and six months. The operating income of Shenzhen Weining Zhongtian from 2022 to 2024 accounted for less than 1% of the company's consolidated caliber, with net profit ratios of 9.20%, 3.15%, and 7.97% respectively.
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