Yibin Paper and related responsible persons received a warning letter from the Sichuan Securities Regulatory Bureau
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Yibin Paper recently received a warning letter from the Sichuan Securities Regulatory Bureau for failing to promptly transfer funds back during the acquisition of Sichuan Push Acetate Fiber Co., Ltd., resulting in non-operating fund occupation by related parties. The relevant funds of 191,413,107.70 yuan were only transferred back to the Push Acetate Fiber account on January 10, 2025. The company did not disclose the situation of centralized fund management and related receivable balances
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