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Mogao Industrial Development Chairman Resigns; Successor Named
Mogao Co., Ltd. announcement on 2024 annual results pre-loss
Express News | Mogao Co., Ltd.: Expect a net income loss of 45 million yuan to 60 million yuan in 2024.
Behind the insider trading fine of the chairman of Mogao Co., Ltd.: repeated disclosure errors and persistent Operation pressure | Quick read announcement.
① Mogao Co., Ltd. announced that during the restructuring of Haotian Technology, Chairman Du Guangzhen engaged in insider trading of the company's stocks, making a profit of 0.1994 million yuan. The Qinghai Securities Regulatory Bureau decided to confiscate Du Guangzhen's illegal gains and imposed a fine of 1.5 million yuan; ② The company's operational pressure is "ever-present" — continuous revenue growth without profit, and operating cash flow has been in a net outflow state for five consecutive years.
Express News | Mogao Co., Ltd.: The chairman was fined 1.5 million yuan for insider trading of the company's Stocks.
Express News | Mogao Co., Ltd.: The case is only against the Director's personal affairs.