The actual controller of *ST Banbao, Liao Zhiyuan, received the "Notice of Case Filing" from the China Securities Regulatory Commission
The actual controller of *ST BANBAO, Liao Zhiyuan, received the "Notice of Case Filing" from the China Securities Regulatory Commission on September 29, 2025, for allegedly failing to disclose non-operating fund transactions as required. The CSRC decided to file a case against him
According to the announcement from Zhitong Finance APP, *ST Banbao (603398.SH) announced that the actual controller Mr. Liao Zhiyuan received the "Notice of Case Filing" (No. Zhen Jian Li An Zi 0252025005) from the China Securities Regulatory Commission (CSRC) on September 29, 2025. Due to Mr. Liao Zhiyuan's suspected failure to disclose non-operating fund transactions as required, the CSRC decided to file a case against Mr. Liao Zhiyuan in accordance with the Securities Law of the People's Republic of China, the Administrative Penalty Law of the People's Republic of China, and other laws and regulations
