Olympic League's electronic information disclosure failed to objectively, accurately, and completely reflect Xu Mingjun's past work performance and core competitiveness in the perovskite industry, exaggerated Xu Mingjun's influence in the industry, and was highly misleading. It violates the provisions of section 78 (2) of the Securities Law and constitutes an illegal act of information disclosure as described in section 197 (2) of the Securities Law. Nanjing Olympic Automobile Electronics Co., Ltd. was ordered to make corrections, given a warning, and fined 3 million yuan. Chen Guangshui was warned and fined 1.5 million yuan. A warning was given to Xue Juanhua and a fine of 1 million yuan was imposed. Xu Mingjun was warned and fined 800,000 yuan.
证监会对奥联电子处以300万元罚款
The Securities Regulatory Commission imposed a fine of 3 million yuan on Olympic Electronics
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