baonengyuan(SZ:000690) Mei Ri Jing Ji Xin Wen·2025-12-03 08:01Core Viewpoint - The core issue revolves around the administrative penalties imposed on the actual controller of Baoneng New Energy, Ye Huanneng, for failing to disclose shareholding arrangements and engaging in illegal share reductions, which has raised concerns about corporate governance and compliance within the company [1][2]. Group 1: Regulatory Actions - Ye Huanneng received a warning and a fine of 2 million yuan from the Guangdong Securities Regulatory Bureau for not disclosing the shareholding arrangement of Baoneng New Energy [1]. - The illegal share reduction involved a 1.1% reduction of shares, amounting to 141 million yuan, during the period from December 20 to December 27, 2021 [1]. - The regulatory body also plans to confiscate illegal gains of 25.5429 million yuan and impose an additional fine of 10 million yuan on Ye Huanneng [1]. Group 2: Company Operations - Baoneng New Energy stated that the regulatory issues do not involve current directors or senior management and will not affect the company's normal production and operational activities [2]. - The company’s operational status remains normal despite the ongoing regulatory scrutiny [2]. Group 3: Background Information - In April of the previous year, Baoneng New Energy issued a correction and apology regarding Ye Huanneng's acquisition of Hong Kong residency and the shareholding arrangement [3]. - The former chairman, Ning Yuanxi, along with the former general manager of Baoli Group, was previously convicted of embezzlement but is currently undergoing a retrial due to unclear facts in the original judgment [3][4]. - The retrial of Ning Yuanxi's case has drawn significant attention, with court proceedings lasting 46 days and extending the review period until December 11 [4].