Jiangsu Huifeng Bio Agriculture Co., Ltd. announced on August 19, 2026 that the company, chairman and general manager Zhong Hangen, then general manager Zhang Xiaobo, and then chief financial officer Zhou Jing received warning letters from the Jiangsu branch of the China Securities Regulatory Commission. The reason is that operating revenue and operating costs in the 2023 half-year report, third-quarter report, and the 2025 first-quarter report, half-year report, and third-quarter report were repeatedly disclosed inaccurately and retrospectively adjusted. The company corrected the relevant reports on April 25, 2024 and May 8, 2026 respectively. The above individuals were subjected to the administrative regulatory measure of receiving warning letters, and this has been recorded in the securities and futures market integrity archives. The company said it will improve internal controls and submit a rectification report, and that this measure will not have a material impact on normal production and operations.
Jiangsu Huifeng Agrochemical Co LtdReceived warning letters from CSRC for repeated inaccurate financial disclosures, recorded in integrity archives.
