Core Viewpoint - Shanghai Jinlitai Chemical Co., Ltd. received an administrative penalty from the China Securities Regulatory Commission for failing to disclose its 2024 annual report within the legal timeframe, constituting a violation of the Securities Law [1] Summary by Relevant Sections - Company Violations - The company did not disclose its 2024 annual report on time, violating relevant provisions of the Securities Law [1] - Penalties Imposed - Jinlitai was warned and fined 2 million yuan - The former chairman and president, Luo Dian, was warned and fined 1 million yuan - The former executive president and board secretary, Wu Chunchao, was warned and fined 800,000 yuan - The former financial director, Sui Jingyuan, was warned and fined 800,000 yuan [1]
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