Tesson Holdings Limited has announced that its executive director, Mr. Wei Qingwen, received a warning letter from the Guangxi Office of the China Securities Regulatory Commission (CSRC). The warning, issued on June 16, 2025, pertains to issues involving Nanfang Black Sesame Group Co., Ltd., including non-operational fund occupation by controlling shareholders and related parties. The CSRC has mandated corrective measures, requiring the company to improve information disclosure and internal governance. Tesson Holdings assures shareholders and investors that the warning will not affect its business operations or Mr. Wei's duties. The company is advised to submit a rectification report within 30 days, with options for administrative reconsideration or legal action available. Shareholders are urged to exercise caution in dealings.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tesson Holdings Ltd. published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.
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