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688565,实控人被判刑

Core Viewpoint - The announcement reveals that the actual controller of Liyuan Technology, Shen Wanzhong, has been sentenced for the crime of disclosing important information in violation of regulations, receiving a one-year prison term with a one-and-a-half-year suspension and a fine of 3.3 million RMB [2]. Group 1: Legal and Management Changes - Shen Wanzhong has resigned from his positions as chairman and director of Liyuan Technology following the court's judgment, and he will not hold any other positions in the company after his resignation [5]. - The court's ruling does not affect Shen Wanzhong's rights as a shareholder or the company's management and governance operations, and it is stated that there will be no significant adverse impact on the company's production and operations [5]. - Liyuan Technology held a board meeting on July 29 to approve the nomination of Shen Jiawen, Shen Wanzhong's daughter, as a non-independent director candidate, pending approval at the shareholders' meeting [7]. Group 2: Background Information on Shen Wanzhong and Shen Jiawen - Shen Wanzhong has a significant history in various companies, including serving as the chairman of Liyuan Technology since June 2014 and holding a 32.10% stake in the company as of the announcement date [5]. - Shen Jiawen, born in 1990, holds a master's degree in economics from the University of Southern California and dual bachelor's degrees in applied mathematics and economics from the University of California, Berkeley. She has served as the compliance and risk control head at Huatai-PineBridge Investment Management and is currently an assistant to the chairman of Liyuan Technology [8].