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Yincheng Life Service Co., Ltd. ( (HK:1922) ) has issued an announcement.
Ruisen Life Service Co., Limited has released the key findings of the second stage of an independent forensic review. The review aimed to address unresolved issues from a previous investigation, focusing on unauthorized payments and potential tax exposure related to employee compensation. The investigation revealed that Mr. Li received unauthorized payments totaling approximately RMB9.08 million, with further scrutiny on whether similar arrangements existed for other employees. The company’s response includes addressing these findings and implementing remedial measures to resolve the issues.
More about Yincheng Life Service Co., Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: HK$363.3M
See more insights into 1922 stock on TipRanks’ Stock Analysis page.