Liren Lizhuang has received a regulatory notice from the Shanghai Securities Regulatory Bureau for multiple information disclosure violations, and six responsible individuals have been issued warning letters. The company failed to review and disclose external guarantees, failed to identify related parties and did not review or disclose related-party transactions with Shanghai Maipeng, and failed to review and disclose non-operational capital occupation formed by advancing legal fees for the actual controller. The Shanghai Securities Regulatory Bureau has decided to impose administrative regulatory measures requiring the company to make corrections, and the company must submit a written rectification report within 30 days of receiving the decision. At the same time, warning letters were issued to six responsible individuals, including former chairman and general manager Huang Tao, current chairman Huang Mei, former chief financial officer Li Aili, former deputy general manager Ye Mao, current chief financial officer Xu Ding, and board secretary Du Hongpu.
Shanghai Lili & Beauty Cosmetics Co LtdCompany received regulatory notice for multiple information disclosure violations, including failure to disclose guarantees and related-party transactions.