Yuancheng(SH:603388) 中国基金报·2025-08-05 03:35Core Viewpoint - The independent director of *ST Yuancheng, Hong Luyuan, is under investigation for serious violations of law, which has raised concerns about the company's governance and potential impacts on its operations [1][3][5]. Group 1: Investigation Details - On August 4, *ST Yuancheng announced that Hong Luyuan is being investigated by the Wenzhou Municipal Supervisory Committee for serious violations of law [3][8]. - The investigation is not related to the company's operations, and the company stated that it will fulfill its information disclosure obligations as required [5]. Group 2: Resignation and Company Impact - Hong Luyuan has submitted his resignation from the positions of independent director, audit committee member, and remuneration and assessment committee member, effective upon delivery to the board [6]. - The company emphasized that Hong Luyuan does not participate in daily management, and the investigation will not affect the company's production and operations [5][6]. Group 3: Previous Investigations - On July 1, *ST Yuancheng disclosed that it and its controlling shareholder, Zhu Changren, are under investigation by the China Securities Regulatory Commission (CSRC) for suspected false disclosures in annual reports [6]. - If the CSRC's findings lead to a determination of major violations, the company may face mandatory delisting due to serious misconduct [6].