Hebei Fucheng Wufeng received a warning letter for failing to fully disclose related parties and related-party transactions.

NightAirdropper · 2026-03-24T04:20:36+00:00

The Hebei Securities Regulatory Bureau has taken warning letter measures against Hebei Fucheng Wufeng Food Co., Ltd. and its executives Li Liang and Li Wei for the company's failure to fully disclose related parties and transactions, and for failing to timely fulfill review procedures, in violation of information disclosure management regulations.

NightAirdropper

2026-03-24 04:20:36

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Blue Whale News, March 23 — Recently, the Hebei Securities Regulatory Bureau issued an administrative regulatory decision, targeting Hebei Fucheng Wufeng Food Co., Ltd. and related responsible persons.

The decision states that Hebei Fucheng Wufeng Food Co., Ltd. engaged in the following illegal activities: First, the company’s 2024 annual report failed to fully disclose related parties and related transactions; second, some related-party transactions did not undergo timely review procedures and were not disclosed promptly.

These actions violate the “Administrative Measures for Information Disclosure by Listed Companies.” Chairman and General Manager Li Liang and Board Secretary Li Wei failed to perform their duties diligently and are responsible for the above violations.

In response, the Hebei Securities Regulatory Bureau decided to issue a warning letter to Hebei Fucheng Wufeng Food Co., Ltd., Li Liang, and Li Wei as an administrative regulatory measure.

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