On December 4, Antaeus held a media briefing to address the issues related to the warning letter from the Shanghai Securities Regulatory Bureau received earlier. The management of Antaeus pointed out that the mentioned inaccurate disclosure of executive compensation in the company's 2016 and 2018 annual reports is not a matter of procedural information disclosure flaws in salary distribution by a listed company, but behind the scenes involves the scandal of former executives harming the company's interests by refunding insurance premiums to personal accounts. Antaeus stated that the listed company has filed a lawsuit in court against former director Yang Guoping, Zhu Minjun, and other former executives for harming the company's interests, with the court accepting and registering the case, involving a value of 21.0393 million yuan. "The possibility of the listed company initiating criminal proceedings is not ruled out." The reporter noted that in the cumulative litigation announcements on December 3, Antaeus disclosed lawsuits filed against former executives Yang Guoping, Zhu Minjun, Lou Jianying, Li Hong, Li Kangming, and others involved in disputes related to harming the company's interests. The court has already accepted the case.
交大昂立回应收到警示函:前任高管存在损害公司利益情况,已就此提起诉讼
Antaeus received a warning letter: former executives were involved in harming the company's interests and have filed a lawsuit regarding this.
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