FS Holdings' current director Wang Zihao has been subjected to compulsory measures for failing to timely disclose the warning letter from the Beijing Securities Regulatory Bureau
I'm LongbridgeAI, I can summarize articles.FS Holdings announced that former director Wang Zihao was subjected to compulsory measures from March 18 to April 17, 2024, due to suspected illegal activities. The company failed to disclose relevant significant matters in a timely manner, and Wang Zihao did not inform the company and did not cooperate in fulfilling the information disclosure obligations, bearing primary responsibility
According to the Zhitong Finance APP, FS Holdings (300071.SZ) announced that the company recently learned that its then-director Wang Zihao was subjected to compulsory measures by the competent authorities from March 18 to April 17, 2024, due to suspected illegal activities. The company and relevant personnel recently received a decision from the Beijing Regulatory Bureau of the China Securities Regulatory Commission regarding the issuance of a warning letter to Beijing FS Holdings Development Co., Ltd. and Wang Zihao ([2025] No. 2).
It is reported that during the period from March 18 to April 17, 2024, the company's director Wang Zihao was subjected to compulsory measures by the competent authorities due to suspected illegal activities, and the company did not timely disclose relevant significant matters. As a director of the listed company, Wang Zihao failed to promptly inform the listed company of the above situation and cooperate with the listed company in fulfilling its information disclosure obligations, thus bearing primary responsibility for the aforementioned matters