Zhejiang Power New Energy (SH:688184) Zheng Quan Zhi Xing·2025-09-07 08:17Core Viewpoint - Zhejiang Pava New Energy Co., Ltd. is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which may impact its operations but is currently reported to have normal business activities [1][2]. Group 1: Investigation Details - The CSRC has issued a "Notice of Case Filing" against the company and its director Zhang Bao for suspected violations of the Securities Law and the Administrative Penalty Law of the People's Republic of China [1]. - Zhang Bao has also received a separate notice from the CSRC regarding his case [1]. - The company had previously received a warning letter from the Zhejiang Securities Regulatory Bureau on March 25, 2025, and a case filing decision from law enforcement on August 1, 2025, related to Zhang Bao's alleged embezzlement [1]. Group 2: Company Operations - Despite the ongoing investigation, the company asserts that its daily operations and business activities are proceeding normally and that the investigation will not have a significant impact on its production and operations [1]. - The company has committed to cooperating with the CSRC and adhering to regulatory disclosure requirements [2].