Henan Regulatory Authority Issues Warning Letter to Triumph New Energy and Key Executives

Stock News08-06

Triumph New Energy Company Limited (600876.SH) has announced receiving an administrative regulatory measure decision letter, known as a warning letter, from the Henan Bureau of the China Securities Regulatory Commission.

The warning letter indicates that as of May 8, 2026, the cumulative amount of litigation and arbitration involving the company over the preceding 12 consecutive months reached 333 million yuan. This figure represents 10.73% of the company's most recent audited net asset value. The company delayed disclosing this information until June 29, 2026, rendering the disclosure untimely.

This action by the company violated relevant regulations. The warning letter identifies Chairman Xie Jun, General Manager Chen Peng, and Board Secretary Chen Hongzhao as primarily responsible for the non-compliance.

Consequently, the Henan Bureau has decided to issue warning letters to the company and the three named executives. These measures will be recorded in the securities and futures market integrity archive.

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