Wanli Stone and its actual controller placed under investigation by the CSRC for suspected disclosure violations

Regulation
โดย 每日经济新闻·CN·Read original
Summary · why it matters

On the evening of August 28, stone company Wanli Stone and its controlling shareholder and actual controller Hu Jingpei both received a Notice of Case Filing from the China Securities Regulatory Commission for suspected illegal information disclosure. On the same day, the company's 2026 semi-annual report showed that first-half operating revenue was 461 million yuan, down 14.29 percent year on year, but net profit attributable to the parent was 25.67 million yuan, a sharp increase of 506.69 percent, while net profit after deducting non-recurring items was 2.57 million yuan, up 173.43 percent. The company said the surge in net profit was mainly related to the reversal of impairment provisions on accounts receivable, with credit impairment losses of 60.7 million yuan during the reporting period. In addition, the semi-annual report disclosed that Hu Jingpei had earlier formed a capital occupation of 58.05 million yuan through the listed company by paying deposits to suppliers and making advance payments for goods, and the principal had been fully repaid by the end of the reporting period. As of the end of the first half, Hu Jingpei directly held 12.37 percent of the company's shares, and Xiamen Hafu Mining, which he wholly owns, held 11.39 percent, with part of those shares pledged or frozen.

Impact on stocks 1

Others▼ · 1 stocks
Xiamen Wanli Stone Stock Co Ltd
002785
▼ NegativeRegulationCapitalrelevance

Wanli Stone and its actual controller Hu Jingpei are both placed under CSRC investigation for suspected illegal information disclosure.

Off-coverage companies 1

厦门哈富矿业有限公司Private▼ Negative
Regulationrelevance

Xiamen Hafu Mining, wholly owned by investigated controller Hu Jingpei, holds 11.39% of Wanli Stone with part of those shares pledged or frozen.

© 2026 MarketDXNews