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On December 9, Dunhuang Seed Industry issued an announcement stating that the controlling subsidiary Dunhuang Seed Industry Pioneer Fine Seed Co.
It is understood that from October to November 2020, Dunhuang Seed Industry Pioneer Seed Co.
At the same time, Dunhuang Seed Chairman Ma Zonghai, General Manager Zhang Shaoping, Chief Financial Officer Zhou Xiuhua, and Board Secretary Gu Shengming failed to faithfully and diligently perform their duties in accordance with the provisions of Article 3 of the "Management Measures for Information Disclosure of Listed Companies".
Therefore, the Gansu Securities Regulatory Bureau decided to take the supervision and management measures of issuing warning letters to Dunhuang Seed Industry and the above four senior executives, requesting them to take effective measures to strengthen the management and control of subsidiaries, strengthen the awareness of compliance with laws and regulations, and improve the standard operation level and the quality of information disclosure