Yong'an Forestry: Shareholder Yuanxing Construction Company received a notice of administrative supervision measures.
Yong'an Forestry Announcement: The voting rights delegation agreement signed between shareholder Yong'an City Yuanxingcun Yuancheng Town Construction Co., Ltd. and Yong'an City Finance Bureau has been revoked, violating the company's commitment. The Fujian Securities Regulatory Bureau has therefore taken supervisory measures to order Yuanxing Construction Company to correct its actions and record it in the integrity file of the securities and futures market. The company will urge shareholders to strengthen their understanding of securities laws and regulations, enhance compliance awareness, strictly rectify according to requirements, and submit a written rectification report on time. This regulatory measure will not result in a change in the company's controlling shareholder or actual controller, and will not have any adverse impact on the company's governance and daily operations.
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