--- title: "DHCT received the administrative supervision measures decision from the Inner Mongolia Securities Regulatory Bureau" type: "News" locale: "en" url: "https://longbridge.com/en/news/249712447.md" description: "DHCT recently received a regulatory action decision from the Inner Mongolia Securities Regulatory Bureau for failing to timely disclose related party transactions with its controlling subsidiary, DHCT Acetic Anhydride. The transaction involved DHCT Acetic Anhydride waiving its right of first refusal, with the amount accounting for 1.30% of the most recent audited net assets. The company only disclosed the board resolution to ratify the transaction on April 11, 2025" datetime: "2025-07-23T07:43:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/249712447.md) - [en](https://longbridge.com/en/news/249712447.md) - [zh-HK](https://longbridge.com/zh-HK/news/249712447.md) --- # DHCT received the administrative supervision measures decision from the Inner Mongolia Securities Regulatory Bureau According to the Zhitong Finance APP, Danhua Technology (600844.SH) announced that it recently received a notice from the Inner Mongolia Regulatory Bureau of the China Securities Regulatory Commission regarding the decision to issue a warning letter to Danhua Chemical Technology Co., Ltd. and related personnel (\[2025\] No. 17). After investigation, it was found that the company originally held a 39.4737% stake in Jining Jindan Chemical Co., Ltd. (hereinafter referred to as Jining Jindan) through its controlling subsidiary Jiangsu Danhua Acetic Anhydride Co., Ltd. (hereinafter referred to as Danhua Acetic Anhydride), while Jining City Hengli Chemical Co., Ltd. (hereinafter referred to as Hengli Chemical) also held a 39.4737% stake in Jining Jindan, and Guokai Development Fund Co., Ltd. (hereinafter referred to as Guokai Fund) held a 21.0526% stake in Jining Jindan. On November 14, 2022, Jiangsu Danhua Group Co., Ltd. (then the controlling shareholder of Danhua Technology) repurchased the 21.05% stake in Jining Jindan held by Guokai Fund for 32 million yuan, with the other two shareholders of Jining Jindan, Danhua Acetic Anhydride and Hengli Chemical, waiving their preemptive rights. The waiver of preemptive rights by Danhua Acetic Anhydride constituted a related party transaction, accounting for 1.30% of the absolute value of the most recent audited net assets, but the company failed to timely fulfill its information disclosure obligations. It was not until April 11, 2025, that it disclosed the board resolution to ratify the aforementioned transaction ### Related Stocks - [600844.CN](https://longbridge.com/en/quote/600844.CN.md) - [900921.CN](https://longbridge.com/en/quote/900921.CN.md) ## Related News & Research - [Tim Lamb Group Completes Sale of Seven Firelands Automotive Group Dealerships in Northern Ohio](https://longbridge.com/en/news/286806685.md) - [New York Governor Signs Bills To Preserve Mandatory Vaccines](https://longbridge.com/en/news/286947583.md) - [Bravo Mining intercepts high-grade Ni/Cu-PGM sulphide mineralization at Luanga Babylon target](https://longbridge.com/en/news/286936029.md) - [Copper Quest launches 32.4-sq-km IP survey at Stars copper-molybdenum project in B.C](https://longbridge.com/en/news/286911641.md) - [Coppernico channel samples hit 70.1 m of 0.92% copper at Nioc, Peru project](https://longbridge.com/en/news/286902661.md)