Yongtai Transport announced that on November 28, 2024, the company received the decision issued by the Ningbo Regulatory Bureau of the China Securities Regulatory Commission on issuing a warning letter to Yongtai Transport Chemical Logistics Co., Ltd., Chen Yongfu, Xia Junqing, and Han Degong. It was found that Yongtai Transport had inaccurate financial report disclosure and did not implement the insider information informed person registration management system as required. The revenue amounts in the company's first quarter report, semi-annual report, and third quarter report for 2023 were adjusted due to accounting errors by -47.2164 million yuan, -0.161 billion yuan, and -0.257 billion yuan respectively. Chen Yongfu, as the chairman and general manager of the company, Xia Junqing, as the former CFO of the company, and Han Degong, as the secretary of the board of directors of the company, bear primary responsibility for the violations.
永泰运:收到宁波监管局警示函
Yongtaiyun: Received a warning letter from the Ningbo Regulatory Bureau.
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