Zhonglan Environmental Protection (300854.SZ) shareholder Liu Qingsong received a warning letter from the Shenzhen Securities Regulatory Bureau.

Intelligence Finance and Economics APP News, Zhonglan Environmental Protection (300854.SZ) announced that the company received the administrative regulatory measures decision document "Decision of Shenzhen Securities Regulatory Bureau on Issuing a Warning Letter to Liu Qingsong" issued by the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission on September 19, 2025. Liu Qingsong holds more than 5% of the company's shares. When his shareholding percentage was reduced to a multiple of 5% on July 21, 2025, he did not fulfill his reporting and disclosure obligations in a timely manner and failed to stop trading in accordance with the law.