Blue Stone Heavy Industries: the company was fined 3 million yuan for illegal disclosure of information.
Lanshi Heavy Duty Announcement: Lanshi Group, the company and controlling shareholder, received an administrative penalty decision from the Gansu Securities Regulatory Bureau due to illegal disclosure of information. During the period from 2020 to 2024, Lanshi Heavy Duty and Lanshi Group had non-operational fund misappropriation. The company did not disclose the above-mentioned matters in its annual report, and did not promptly account for the changes in funds, resulting in false records in the semi-annual reports for 2023 and 2024. Lanshi Group, as the controlling shareholder, organized and instructed the misappropriation of funds involved in the case. According to relevant provisions of the Securities Law, Lanshi Heavy Duty was warned and fined 3 million yuan, Lanshi Group was fined 4 million yuan, and the relevant responsible persons were warned and fined.
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