Mabwell(SH:688062) Shang Hai Zheng Quan Bao·2025-08-04 19:56Core Viewpoint - The announcement details the administrative penalty imposed on Liu Datao, the Chairman and General Manager of Maiwei (Shanghai) Biotechnology Co., Ltd., for engaging in short-term trading of the company's stock, which violates the Securities Law of the People's Republic of China [1][2]. Summary by Sections Administrative Penalty Details - Liu Datao was found to have bought 976,567 shares of "Maiwei Biotechnology" for a total of 19,297,719.97 yuan and sold 634,265 shares for 13,883,564.69 yuan between January 18, 2022, and July 18, 2022 [2]. - His actions were classified as violations under Article 44 and Article 189 of the Securities Law, leading to a warning and a fine of 600,000 yuan [2]. Compliance and Disclosure - The company emphasizes its commitment to comply with relevant laws and regulations, ensuring timely information disclosure [4]. - The administrative penalty pertains solely to Liu Datao and is not expected to significantly impact the company's daily operations [3].