YONGJIN CORP.: The company's actual controller is released on bail pending trial
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YONGJIN CORP. announced that the actual controller, Cao Peifeng, has been released on bail by the Jinhua Public Security Bureau due to suspected insider trading, with the period starting from July 7, 2025. Previously, Cao Peifeng had received administrative penalties from the China Securities Regulatory Commission and public condemnation from the Shanghai Stock Exchange for insider trading. This incident only involves Cao Peifeng personally and does not affect the company's daily operations and financial status
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