华阳新材:华阳集团被罚四百万元

Core Points - The company Huayang New Materials announced that its related party, Huayang Group, received an administrative penalty decision from the Shanxi Regulatory Bureau of the China Securities Regulatory Commission [1] - The decision stated that between April and June 2021, Huayang Group transferred 1.126 billion yuan from Yangmei Chemical's account to its own account without consent, constituting the non-operational fund occupation by the controlling shareholder [1] - Yangmei Chemical's semi-annual and annual reports for 2021 did not disclose this non-operational fund occupation, indicating a significant omission [1] - As a result of this violation, Huayang Group was fined 4 million yuan [1]