---
title: "SHNML: FORYOU was fined 4 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256911613.md"
description: "SHNML announced that its related party FORYOU, without the consent of Yangmei Chemical, unilaterally transferred 1.126 billion yuan to its own account, constituting the non-operational fund occupation by the controlling shareholder. It was penalized by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission with a fine of 4 million yuan"
datetime: "2025-09-11T11:29:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256911613.md)
  - [en](https://longbridge.com/en/news/256911613.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256911613.md)
generator: "portal-rs"
---

# SHNML: FORYOU was fined 4 million yuan

SHNML announced that its related party FORYOU received the "Administrative Penalty Decision" issued by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission. The decision states that from April to June 2021, FORYOU, without the consent of Yangmei Chemical, directly transferred funds amounting to 1.126 billion yuan from Yangmei Chemical's account to FORYOU's account, constituting the non-operating fund occupation by the controlling shareholder. Yangmei Chemical's semi-annual report for 2021 and annual report for 2021 did not disclose the aforementioned non-operating fund occupation as required, resulting in a significant omission. FORYOU was fined 4 million yuan for this illegal act

### Related Stocks

- [600281.CN](https://longbridge.com/en/quote/600281.CN.md)
- [002906.CN](https://longbridge.com/en/quote/002906.CN.md)

## Related News & Research

- [The Outlook for a Smaller Ghana Cocoa Crop Supports Prices](https://longbridge.com/en/news/296516744.md)
- [Fuyao lists a solar sunroof capable of producing 150 watts per square meter](https://longbridge.com/en/news/296744078.md)
- [Cocoa Prices Fall on Rising Nigerian Cocoa Exports](https://longbridge.com/en/news/296637826.md)
- [Exclusive: Marjorie Taylor Greene Warns Social Security Will Go ‘Bankrupt’—But Wall Street CIO Backs Scott Bessent Amid 30-Year Yield Surge](https://longbridge.com/en/news/296329487.md)
- [CMOC Last Soars 5%+; Interim Profit Surges 86%, Revenue Hits Record High; Interim DPS Resumed at RMB0.095](https://longbridge.com/en/news/296423052.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**