Ganfeng Lithium Co (HK:1772) has released an update.
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Ganfeng Lithium Co., a leading lithium producer, has been penalized by China’s securities regulator for insider trading activities. The company and its executives face fines totaling over RMB 4 million, alongside confiscation of illegal proceeds. Shareholders have been updated on the situation, which includes warnings and penalties issued to the executive director and another employee.
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