Group 1 - The core point of the announcement is that the controlling shareholder, Baotailong Group, received an administrative supervision decision from the Heilongjiang Securities Regulatory Bureau for failing to fulfill its commitment to increase its shareholding in Baotailong New Materials Co., Ltd. [1][2] - Baotailong Group committed to increase its shareholding by 20 to 40 million shares within 12 months starting from June 21, 2024, but has only acquired 10.0018 million shares to date, falling short of the lower limit of its commitment [1][2]. - The administrative measures taken by the Heilongjiang Securities Regulatory Bureau include a directive for Baotailong Group to correct its actions and submit a written rectification report within 30 days [2]. Group 2 - The administrative supervision measures do not affect the company's daily operations or business activities [2]. - The company has designated specific media outlets for information disclosure, including Shanghai Securities News and China Securities Journal, and encourages investors to pay attention to related announcements [2].
宝泰隆新材料股份有限公司关于控股股东收到中国证监会黑龙江监管局行政监管措施决定书的公告