Asia
Beijing Jingcheng Machinery Unit Faces CSRC Case Filing Over Restructuring
Beijing Jingcheng Machinery Electric Company (HKG:0187, SHA:600860) said its controlled subsidiary Qingdao Beiyang Tianqing Shulian Intelligent has received a case filing notice from the China Securities Regulatory Commission.The case concerns suspected false information, misleading statements, or material omissions provided by the subsidiary during an asset restructuring, according to a Sept. 18 Hong Kong bourse filing.The CSRC has opened a case against Beiyang Tianqing under relevant securities and administrative penalty laws, the company said.
HKG:0187SHA:600860
