Royal Group faces regulatory scrutiny over information disclosure

Royal Group announced today that it received a "Filing Notice" from the CSRC on March 28, 2025, citing suspected violations of information disclosure laws. The investigation is based on regulations outlined in the "Securities Law of the People's Republic of China" and the "Administrative Punishment Law of the People's Republic of China." The company has initiated a self-assessment, noting that its subsidiary, Royal Number Intelligence, failed to disclose a supplementary agreement related to a CNY amount investment fund partnership agreement with Tai'an Dongyue Wealth Equity Investment Fund in 2019. Royal Group says current production and operations are normal and that it will cooperate fully with the CSRC investigation and adhere to disclosure requirements. The company cautions investors to be aware of investment risks.