*ST Mubon: Received "Administrative Penalty Decision" Company fined 7 million yuan by Jiangxi Securities Regulatory Bureau

2026-03-22 23:06:40

People’s Financial News, March 20 — *ST Mubang (603398) announced on March 20 that the company and related parties received an “Administrative Penalty Decision” issued by the Jiangxi Securities Regulatory Bureau. Due to false statements in the company’s periodic reports and non-public issuance documents, the company has been ordered to correct the issues, given a warning, and fined 7 million yuan; the company’s actual controller, Liao Zhiyuan, was also given a warning and fined 8 million yuan. As of the announcement date, the company’s production, operations, management, and business activities are proceeding normally. The above matters will not have a significant impact on the company’s production and operations.

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