Zhitong Finance App News, Jinhe Biotech (002688.SZ) announced that the company received the “Decision on Issuing Warning Letter Measures against Jinhe Biotechnology Co., Ltd. and related personnel” issued by the Inner Mongolia Securities Regulatory Bureau. The decision states:

From January 2022 to the end of 2023, the company's executives, Liu Yingchun, Wang Zhisheng, Suga Mingsheng, Yunxi Bao, Guan Yingzhen, and supervisor Yao Jianxiong, borrowed a total of 4.05 million yuan from the company, which constituted the use of capital by related parties. Seven people including Lu Manman are directly responsible for these acts. Chairman Wang Dongxiao bears the main responsibility for these acts.