ST Lingnan and former controlling shareholder Yin Hongwei have been filed for investigation by the China Securities Regulatory Commission
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According to the Zhitong Finance APP, ST Lingnan announced that the company and its former controlling shareholder, Mr. Yin Hongwei, who is the current co-chairman and president, as well as the legal representative, recently received the "Notice of Case Filing" issued by the China Securities Regulatory Commission. Due to suspected violations of information disclosure laws and regulations, the China Securities Regulatory Commission has decided to file a case against the company and Mr. Yin Hongwei
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