Plum Blossom Biology (600873.SH) controlling shareholder Meng Qingshan was sentenced to three years in prison with a five-year reprieve for manipulating the securities market.

Zhitong Finance APP News, Meihua Biology (600873.SH) announced that in March 2025, the company's controlling shareholder, Mr. Meng Qingshan, was prosecuted. Today, the company received written notice from its controlling shareholder Mr. Meng Qingshan, informing that he received a "Criminal Judgment" issued by the Langfang Intermediate People's Court of Hebei Province, with the following verdict: The defendant Meng Qingshan was convicted of manipulating the securities market and sentenced to three years in prison, suspended for five years, and fined (the probationary period for suspension shall be calculated from the date of the judgment, and the fine shall be offset by the administrative penalty fine already paid).