Yahui Long: Received the Administrative Penalty Notice in Advance

NightAirdropper · 2026-02-28T22:17:57+00:00

Yahui Long was warned by the Shenzhen Securities Regulatory Bureau and fined 4 million yuan for inaccurate and incomplete information disclosure. At the same time, the chairman and the secretary of the board of directors were also fined, violating the relevant provisions of the Securities Law.

NightAirdropper

2026-02-28 22:17:57

Abstract generation in progress

Everyday Economic News AI Express, Yahui Long (688575) announced on February 28 that it received a “Preliminary Administrative Penalty Notice” from the Shenzhen Securities Regulatory Bureau on the same day. The Shenzhen Securities Regulatory Bureau believes that the company’s disclosure of information related to brain-computer starlink technology and products was inaccurate and incomplete, which led or could lead investors to make incorrect judgments. After the relevant information was disclosed, the company’s stock price significantly deviated from the market trend and experienced abnormal fluctuations, suspected of violating the provisions of Article 78, Paragraph 2, and Article 84, Paragraph 1, of the amended Securities Law of 2019, constituting misleading statements as described in Article 197, Paragraph 2, of the Securities Law. The Shenzhen Securities Regulatory Bureau intends to decide: 1. Order the company to correct the issues, issue a warning, and impose a fine of 4 million yuan; 2. Issue a warning to the company’s chairman, Hu Kunhui, and impose a fine of 2 million yuan; 3. Issue a warning to the company’s board secretary, Wang Mingyang, and impose a fine of 1.5 million yuan.

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