Pengyang Environmental Protection(300664.SZ): One of the Actual Controllers, Wang Hongchun, Indicted for Suspected Insider Trading

NightAirdropper · 2026-03-23T13:55:36+00:00

Pengying Environmental Protection announcement: The company's actual controller Wang Hongchun has been prosecuted on suspicion of insider trading. The impact on the company is limited. The company has a sound governance structure, normal operations and management, and steady business progress.

NightAirdropper

2026-03-23 13:55:36

Abstract generation in progress

Gelonghui, March 20 — Pengyao Environmental Protection (300664.SZ) announced that today the company received a notice from Mr. Wang Hongchun, one of its actual controllers. On March 19, 2026, he received a “Indictment” from the People’s Procuratorate of Wuxi City, Jiangsu Province (No. Xijin Xing Su [2026] 5), and a “Summons” from the Intermediate People’s Court of Wuxi City, Jiangsu Province (Case No.: (2026) Su 02 Xing Chu 11). Mr. Wang Hongchun is being prosecuted for suspected insider trading.

As of the date of this announcement, Mr. Wang Hongchun does not hold any position as a director or senior management of the company. The above litigation is a personal matter of the actual controller and will not have a significant impact on the company’s daily operations. The company has established a sound governance structure and internal control mechanisms, with daily management handled by the senior management team. Currently, the company’s and subsidiaries’ production and operations are normal, and all business activities are progressing steadily.

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