上交所：对万里股份股东郑海若予以公开谴责并限制投资者账户交易3年

Core Viewpoint - The Shanghai Stock Exchange has publicly reprimanded Zheng Hairuo, a shareholder of Wanli Co., for violating regulations regarding stock holdings and trading, resulting in a three-year restriction on trading activities [1] Summary by Relevant Sections - Regulatory Actions - Zheng Hairuo was publicly reprimanded by the Shanghai Stock Exchange for failing to report excessive holdings of Wanli Co. stock through multiple accounts [1] - Zheng Hairuo's actions included holding over 30% of the issued shares of Wanli Co. without issuing a mandatory takeover offer, which is a violation of regulations [1] - Violation Details - The violations occurred from July 7, 2016, to May 26, 2025, with Zheng Hairuo's controlled accounts repeatedly exceeding the 30% threshold of voting shares [1] - The misconduct involved significant amounts and was characterized by a long duration of non-compliance, despite previous administrative penalties for similar violations [1] - Consequences - As a result of the violations, the Shanghai Stock Exchange has imposed a three-year trading restriction on Zheng Hairuo's accounts [1] - The decision reflects the severity of the violations and the lack of corrective action taken by Zheng Hairuo after prior penalties [1]