Shanghai Stock Exchange: Issued regulatory warnings to Three-dimensional Holdings, related party Zhejiang Weitai Rubber Co., Ltd., and relevant responsible persons.
The Shanghai Stock Exchange has issued a decision to issue a regulatory warning to Three Dimension Holdings Limited, its related party Zhejiang Weitai Rubber Co., Ltd., and relevant responsible persons. In March 2025, Zhejiang Weitai Rubber Co., Ltd. had a fund transfer of 60 million yuan with Three Dimension Holdings Limited, constituting non-operational fund use between related parties, and the related funds have been returned. In addition, inaccurate information disclosure regarding the completion status of the water rights project of Inner Mongolia Three Dimension New Materials Co., Ltd., a subsidiary of Three Dimension Holdings, was found. In view of the above violations and circumstances, the Shanghai Stock Exchange has issued a regulatory warning to Three Dimension Holdings Limited, its related party Zhejiang Weitai Rubber Co., Ltd., and the then chairman of Three Dimension Holdings Limited Ye Jiyue, former general manager Chen Xiaoyu, former chief financial officer Li Shuaihong, and former board secretary Cheng Cang.
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