000806SZSE

Announcement on the Company's and Related Responsible Personnel's Receipt of Administrative Supervision Measures Decision

Galaxy Retreat Co., Ltd.·June 1, 2023·4 pages

✨ AI Summary

Beihai Galaxy Biological Industry Investment Co., Ltd. and its responsible personnel received an administrative supervision measures decision from the Guangxi Securities Regulatory Bureau. The decision highlights violations related to undisclosed related-party transactions and improper insider information management. The company and its executives are required to submit a written rectification report within 30 days and have been warned to improve compliance and internal controls.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Announcement on the Company's and Related Responsible Personnel's Receipt of Administrative Supervision Measures Decision

Beihai Galaxy Biological Industry Investment Co., Ltd. (hereinafter referred to as "the Company") and related responsible personnel recently received the "Administrative Supervision Measures Decision" (〔2023〕6号) issued by the Guangxi Securities Regulatory Bureau (hereinafter referred to as "Guangxi CSRC"). The relevant content is announced as follows:

I. Main Content of the Administrative Supervision Measures Decision (〔2023〕6号)

Beihai Galaxy Biological Industry Investment Co., Ltd., Liu Keyang, Huang Jian, Lu Yuanhong, and Qu Guojun: Upon investigation, our bureau found that Beihai Galaxy Biological Industry Investment Co., Ltd. (hereinafter referred to as *ST Galaxy) had the following issues:

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.