FilingReader Intelligence
Yibin Paper Industry receives warning for fund mismanagement
July 19, 2025 at 05:26 AM UTC•By FilingReader AI
Yibin Paper Industry Co and Sichuan Pushi Group received a warning letter for occupying 191.4m yuan from Pushi Acetic Acid Fiber Co during its acquisition.
The funds, held in Pushi Group's financial settlement account, were not transferred by the December 25, 2024 consolidated date and only moved on January 10, 2025. The company also failed to disclose this concentrated fund management, violating information disclosure regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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