Liugong: The company and relevant personnel have received the administrative supervision measure decision from the Guangxi Securities Regulatory Bureau.

date
07/08/2026
Liugong announced that the company recently received a "Regulatory Letter" issued by the Guangxi Securities Regulatory Bureau. From January to March 2026, the company failed to timely review and disclose related transactions with Liuzhou Bank, violating relevant regulations. The company's Chairman Zheng Jin, President Luo Guobing, and Board Secretary Huang Hualin bear primary responsibility for the violations. The Guangxi Securities Regulatory Bureau has decided to order the company to rectify the situation, to take supervisory talk measures for the three individuals, and to record this in their integrity files. The company is required to submit a rectification report within 30 days, and the three individuals will undergo supervisory talks on August 14. The company has reviewed the related transaction matters and will enhance compliance awareness moving forward.