Langjin Technology: Fined 2.5 million yuan for failing to disclose in a timely manner the non-operational capital occupation by related parties.

Langjin Technology announced that the company was given a warning by the Shandong Securities Regulatory Bureau and fined 2.5 million yuan for failing to timely disclose the related party's non-operating fund occupation behavior. One of the actual controllers, Li Jingmao, was fined 4.4 million yuan, of which 3 million yuan was fined as an actual controller and 1.4 million yuan was fined as a directly responsible senior manager. The then CFO and board secretary Qiu Ruolong was fined 1.2 million yuan, the general manager and vice chairman Li Jing'en was fined 1.05 million yuan, and the director and vice general manager Wang Shinyu as well as the former chairman of the supervisory board Wang Zhixin were each fined 500,000 yuan.