Announcement of equity transfer of Fujian SBS Zipper Science & Technology: The company and related parties received a "Notice of Prior Administrative Penalty" from China Securities Regulatory Commission. During the equity transfer process in November 2016, the company did not truthfully disclose the actual controller and related supplemental agreement as required, violating relevant regulations. The China Securities Regulatory Commission intends to order the company to make corrections, give warnings, and impose a fine of 0.3 million yuan.
浔兴股份:公司及相关当事人收到行政处罚事先告知书
Fujian SBS Zipper Science & Technology: The company and related parties received a prior notice of administrative penalty.
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