Yuancheng(SH:603388) Xin Lang Cai Jing·2026-01-14 09:54Core Viewpoint - Yuan Cheng Environment Co., Ltd. has been penalized by the Zhejiang Securities Regulatory Bureau for false disclosures in its annual reports from 2020 to 2022 and for fabricating significant false content in its 2022 private placement documents, resulting in a total fine of 37.4546 million yuan [1][4]. Summary by Relevant Sections Administrative Penalty - On January 9, 2026, Yuan Cheng Environment announced that it and related responsible persons received an administrative penalty decision from the Zhejiang Securities Regulatory Bureau due to false records in annual reports and significant false content in stock issuance documents [1][4]. - The company was warned and fined a total of 37.4546 million yuan, with related responsible persons also facing fines [1][4]. Legal Proceedings - On July 1, 2025, the company and its actual controller, Zhu Changren, received a notice of investigation from the China Securities Regulatory Commission due to suspected false disclosures in financial data [4]. - On October 10, 2025, the company received a prior notice of administrative penalty from the Zhejiang Securities Regulatory Bureau [4]. Investor Compensation - Affected investors can voluntarily register for compensation through the "Sina Investor Rights Protection Platform" if they meet specific conditions: 1. Investors who purchased shares between April 15, 2021, and January 30, 2024, and still hold them, regardless of whether they sell after January 31, 2024 [3][5]. 2. Investors who purchased shares between April 15, 2021, and July 1, 2025, and still hold them, regardless of whether they sell after July 2, 2025 [3][5].