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80-year-old 'cotton giant' Lu Keping was sentenced and fined 0.23 billion yuan. The last listed company of the 'Sunshine Series' is in jeopardy. | Speed reading announcement
①Jiangsu Sihuan Bioengineering announced that its controlling shareholder Lu Keping was sentenced to 3 years in prison and 4 years of probation for insider trading, with illegal gains of 0.232 billion yuan confiscated; ②Shares of jinyu bio-technology held by Lu Keping's concerted parties will be auctioned judicially, which may result in Lu Keping losing control of the company; ③Three out of the four "Yangguang Series" listed companies have been delisted, and jinyu bio-technology also faces delisting risks.
Express News | Jiangsu Sihuan Bioengineering: The actual controller Lu Keping was sentenced to three years in prison for insider trading, with a four-year suspended sentence.
Express News | Jiangsu Sihuan Bioengineering: Some shares held by the actual controller and concerted parties will be auctioned by the court.
Sihuan Biology: Report for the third quarter of 2024
Jiangsu Sihuan Bioengineering (000518.SZ) reported a net loss of 14.6172 million yuan in the first three quarters.
On October 29th, Jiangsu Sihuan Bioengineering (000518.SZ) released the third quarter report of 2024. The company achieved revenue of 0.156 billion yuan in the first three quarters, a decrease of 13.31% year-on-year; with a net loss of 14.6172 million yuan. In the third quarter alone, revenue reached 50.186 million yuan, a decrease of 14.25% year-on-year; with a net loss of 3.5591 million yuan.
Jiangsu Sihuan Bioengineering (000518.SZ) released its performance for the first three quarters, with a net loss of 14.6172 million yuan.
Jiangsu Sihuan Bioengineering (000518.SZ) released the third quarter report of 2024, achieving revenue in the first three quarters...
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