Juheshun and relevant responsible persons received a warning letter from the Zhejiang Securities Regulatory Bureau
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Juheshun recently received a warning letter from the Zhejiang Securities Regulatory Bureau for failing to timely fulfill the review procedures and information disclosure obligations regarding the use of raised funds. The company used CNY 90 million of idle raised funds for cash management in September 2024, and only supplemented the review and disclosure in April 2025. Chairman Fu Changbao, General Manager Mao Xinhua, and former Secretary of the Board Yao Shuangyan failed to perform their duties, violating relevant management regulations, and received warnings that will be recorded in their integrity files
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