Santai Cableway: The company and related responsible persons received the prior administrative penalty notice from the Hubei Securities Regulatory Bureau.

MetaMuskRat · 2026-03-29T09:51:46+00:00

Sante Ropeway received an administrative penalty notice from the Hubei Securities Regulatory Bureau for failing to disclose related-party non-operating fund occupation and significant omissions in the annual report in a timely manner. The company faces a fine of 10.5 million yuan and warnings for relevant responsible persons. Ailumin will be fined 11 million yuan and permanently barred from the securities market.

MetaMuskRat

2026-03-29 09:51:46

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People’s Finance News reported on March 29 that on March 27, Santeng Ropeway (002159), the company, its former actual controller Ai Luming, as well as Lu Sheng, Zhang Quan, Wang Lili, and Zhang Yunyun, received the “Administrative Penalty Notice” issued by the China Securities Regulatory Commission Hubei Regulatory Bureau. Upon investigation, it was found that Santeng Ropeway failed to disclose in a timely manner the non-operating fund occupation by related parties, and there were significant omissions in the company’s 2019 annual report and 2020 annual report. The Hubei Securities Regulatory Bureau intends to decide: to issue a warning to Santeng Ropeway and impose a fine of 10.5 million yuan; to issue warnings to the relevant responsible persons and impose fines; to impose a fine of 11 million yuan on Ai Luming and to implement lifelong securities market bans.

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