Zheng Quan Shi Bao·2025-11-05 14:24Core Points - The company Haosai has been prosecuted for alleged unit bribery involving its former chairman and general manager, Dai Baolin [3][4] - The court has sentenced Haosai to a fine of 7 million RMB and Dai Baolin to three years in prison with a four-year probation, along with a fine of 3 million RMB [4] - The company has acknowledged the situation and committed to enhancing internal controls and improving information disclosure quality [6] Legal Proceedings - On December 12, 2024, the Wuhan New District Supervisory Committee initiated an investigation into Dai Baolin for suspected illegal activities [3] - Dai Baolin was detained on December 12, 2024, and was arrested on June 19, 2025 [3] - The case has concluded with the court's decision, and the company is required to pay a fine [4] Financial Impact - Haosai reported a revenue of 265 million RMB in the first three quarters of the year, reflecting a nearly 30% year-on-year decline [6] - The company incurred a net loss of approximately 26.31 million RMB during the same period [6] - As of November 5, the market capitalization of Haosai is approximately 2.5 billion RMB [6] Asset Recovery - The Wuhan New District Supervisory Committee has recovered approximately 21.52 million RMB of illegal gains from Haosai, which will be remitted to the national treasury [5]