On July 25, 2025, WanFang Urban Investment Development Co., Ltd. (hereinafter referred to as "the Company") received the "Notice of Investigation" from the China Securities Regulatory Commission (hereinafter referred to as "CSRC") (Document No. 0202025009), due to suspected violations of information disclosure laws. According to the "Securities Law of the People's Republic of China" and the "Administrative Penalty Law of the People's Republic of China," the CSRC decided to initiate an investigation against the Company. For specific details, please refer to the Company's announcement titled "Announcement on Receiving the Notice of Investigation from the China Securities Regulatory Commission" (Announcement No. 2025-049), disclosed on July 26, 2025, in "China Securities Journal," "Securities Times," "Shanghai Se
000638SZSE
Announcement on the Progress of the Investigation and Risk Warning
✨ AI Summary
This announcement informs that WanFang Urban Investment Development Co., Ltd. is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws. The investigation is ongoing, and no conclusive opinions or decisions have been received yet. If the CSRC finds significant violations, the company's stock may face mandatory delisting. Investors are advised to be cautious and consider the risks involved.
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