Beiyikang Receives Administrative Warning from Sichuan Securities Regulator for Inaccurate Earnings Disclosure on May 26

GateNews
On May 26, Beiyikang announced it received an administrative warning from Sichuan Securities Regulatory Bureau. The company and three executives—Chairman and CEO Zhang Wen, Board Secretary Cai Qiuju, and Finance Officer Wen Li—violated disclosure regulations by providing inaccurate performance forecasts and earnings reports without timely corrections. The three individuals bore primary responsibility for the violations. As a disciplinary measure, the regulator issued warning letters to the company and the three executives, with records entered into the securities integrity archive.
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