Core Viewpoint - Baismei's subsidiary, Jiangsu Yong'an Chemical Co., has been indicted for environmental pollution, with the prosecution suggesting leniency in sentencing due to mitigating circumstances [1][4]. Group 1: Legal Issues - Jiangsu Yong'an Chemical received an indictment from the Lianshui People's Procuratorate for interfering with automatic pollution monitoring, leading to distorted data and environmental pollution [1]. - The case has been filed with the court, and the prosecution recommends leniency for the company and involved personnel [1]. Group 2: Company Operations - As of the announcement date, Yong'an Chemical's operations are normal, and the impact of the case on profits is currently indeterminate [4]. - Yong'an Chemical has completed rectifications and plans to reapply for its pollution discharge permit by February 25, 2025, after passing third-party monitoring [4]. Group 3: Financial Performance - Baismei's main business includes pesticide production and sales, with a reported revenue of 1.11 billion yuan for the first three quarters of 2025, a year-on-year increase of 14.29% [4]. - The net profit for the same period was 31.17 million yuan, showing a significant year-on-year increase of 1257.94%, with a turnaround in net profit excluding non-recurring items [4]. Group 4: Management Issues - The actual controller of Baismei, Chen Feng, has been placed under residential surveillance as of December 11, 2025, following a notice from the police [4]. - Chen Feng had previously resigned from all company positions on July 21, 2025, amid regulatory scrutiny from the China Securities Regulatory Commission for alleged violations related to mandatory tender offers and information disclosure [5].