ST NZBC: Received Administrative Penalty Decision Notice

On April 3rd, Jinshi Data reported that *ST NZBC announced that the company and its actual controller Yu Jianming received the "Administrative Penalty Decision" issued by the Ningxia Regulatory Bureau of the China Securities Regulatory Commission due to violations of information disclosure regulations. Among them, *ST NZBC was warned and fined 5.5 million yuan; Yu Jianming was warned and fined 4 million yuan; the then chairman Huang Haisu was warned and fined 1.5 million yuan; the then general manager Chen Rui was warned and fined 900,000 yuan; the then financial director Dong Chunxiang was warned and fined 750,000 yuan; the then financial department head Fan Changsheng and the then vice president in charge of procurement Han Kunshan were warned and fined 500,000 yuan each. Wu Jiangming was warned and fined 300,000 yuan; the then board secretary Zhang Baolin was warned and fined 200,000 yuan. Yu Jianming was subjected to a 6-year market ban