Jinquan received a warning letter from the Jiangsu Securities Regulatory Bureau
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Jinquan recently received a warning letter from the Jiangsu Securities Regulatory Bureau for failing to timely fulfill the review procedures and information disclosure obligations for related party transactions. During August 2024, the company acquired a large certificate of deposit worth 150 million yuan from Jiangsu Aoliwei Sensor High-Tech Co., Ltd., with a transaction amount of 153.2661 million yuan, accounting for 11.50% of the most recent audited net assets
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