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Increasing Losses Over Three Years Doesn't Faze Jiangsu Sihuan Bioengineering (SZSE:000518) Investors as Stock Rallies 21% This Past Week
Jiangsu Sihuan Bioengineering's actual controller has been given a "red card" for lifetime market ban again, and Lu Keping and his son are expected to be fined nearly 30 million yuan. Read the announcement quickly.
①Due to the ST Weichuang suspected of illegal disclosure of information, jiangsu sihuan bioengineering's ultimate controller Lu Keping and the company's director Lu Yu father and son received a "sky-high" fine. ②In this case, Lu Keping has issues such as keeping the identity of the ultimate controller "secret" and has once again been subjected to a lifetime ban from the securities market. ③According to the pre-notification of administrative penalties, Lu Keping and his son were fined a total of nearly 30 million yuan.
Sihuan Bioengineering's Unit to Transplant Trees for 8 Million Yuan
Jiangsu Sihuan Bioengineering (000518.SZ): Subsidiary Jiangsu Chenwei signed a "Relocation Compensation Agreement".
On September 13th, Jiangsu Sihuan Bioengineering (000518.SZ) announced that its wholly-owned subsidiary, Jiangsu Chenwei Ecological Park Technology Co., Ltd., signed the Agreement on Relocation Compensation for the Construction Project of Nanjing High School Qishanhu Campus with the Yunting Street Office of the People's Government of Jiangyin City. The agreement stipulates a tree transplantation fee of 8,009,607 yuan.
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