--- title: "WILLING CORP.'s controlling shareholder received a warning letter from the Hunan Regulatory Bureau of the China Securities Regulatory Commission" type: "News" locale: "en" url: "https://longbridge.com/en/news/223404514.md" description: "WILLING CORP.'s controlling shareholder, Shanghai Lingyi New Materials Co., Ltd., recently received a warning letter from the Hunan Regulatory Bureau of the China Securities Regulatory Commission. Due to its shareholding ratio decreasing from 23.93% to 17.54% between November 4, 2022, and August 14, 2024, without timely reporting and announcement as required, it violated relevant securities laws. The Hunan Regulatory Bureau decided to take administrative regulatory measures by issuing a warning letter and recording it in the integrity file" datetime: "2024-12-27T08:07:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/223404514.md) - [en](https://longbridge.com/en/news/223404514.md) - [zh-HK](https://longbridge.com/zh-HK/news/223404514.md) --- # WILLING CORP.'s controlling shareholder received a warning letter from the Hunan Regulatory Bureau of the China Securities Regulatory Commission According to the Zhitong Finance APP, WILLING CORP. (002667.SZ) announced that its controlling shareholder, Shanghai Lingyi New Materials Co., Ltd., recently received a warning letter from the Hunan Regulatory Bureau of the China Securities Regulatory Commission regarding administrative regulatory measures. It was found that the shares held in WILLING New Energy Co., Ltd. experienced changes in equity from November 4, 2022, to August 14, 2024, with the shareholding ratio decreasing from 23.93% to 17.54%, reaching over 5%. As the controlling shareholder of WILLING CORP., Shanghai Lingyi failed to timely fulfill its reporting and announcement obligations and to stop trading the company's shares when the change in shareholding exceeded 5%, violating Article 63, Paragraph 2 of the Securities Law of the People's Republic of China and Article 14, Paragraphs 2 and 3 of the Measures for the Administration of the Acquisition of Listed Companies (CSRC Order No. 166). In accordance with Article 170, Paragraph 2 of the Securities Law of the People's Republic of China and Article 75 of the Measures for the Administration of the Acquisition of Listed Companies (CSRC Order No. 166), the Hunan Regulatory Bureau decided to take administrative regulatory measures against Shanghai Lingyi by issuing a warning letter, which will be recorded in the integrity file of the securities and futures market ### Related Stocks - [002667.CN](https://longbridge.com/en/quote/002667.CN.md) - [601137.CN](https://longbridge.com/en/quote/601137.CN.md) - [300758.CN](https://longbridge.com/en/quote/300758.CN.md) - [600346.CN](https://longbridge.com/en/quote/600346.CN.md) - [603125.CN](https://longbridge.com/en/quote/603125.CN.md) - [002648.CN](https://longbridge.com/en/quote/002648.CN.md) ## Related News & Research - [Investeringsforeningen Nykredit Invest Balance suspender handel med udvalgte afdelinger](https://longbridge.com/en/news/286877547.md) - [Benton Closes Private Placement | BNTRF Stock News](https://longbridge.com/en/news/286964512.md) - [Morgans Reaffirms Their Buy Rating on Shape Australia Corporation Limited (SHA)](https://longbridge.com/en/news/286714508.md) - [ZAWYA: KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark $700mln Sukuk issuance by First Abu Dhabi Bank](https://longbridge.com/en/news/287054139.md) - [Release according to article 135 section 2 BörseG](https://longbridge.com/en/news/286754366.md)