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Jinyu Bio-Technology receives regulatory warning for accounting violations

July 25, 2025 at 05:00 AM UTCBy FilingReader AI

Jinyu Bio-Technology and executives Zhang Chongyu, Zhang Jing, and Peng Min received warning letters from Inner Mongolia Securities Regulatory Bureau for three violations.

The company incorrectly capitalized research and development expenses in 2023, misaccounted for long-term equity investments, and failed to fully disclose a lawsuit loss against Liaoning Provincial Investment Group.

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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