Meihua Bio: Controlling shareholder Meng Qingshan was sentenced to three years in prison, suspended for five years, for manipulating the securities market
2025-11-07 10:11:50
On November 7th, Meihua Bio announced that Meng Qingshan, the controlling shareholder of the company, received a "criminal court verdict" issued by the Intermediate People's Court of Langfang City, Hebei Province, which convicted Meng Qingshan of manipulating the securities market and sentenced him to three years in prison, suspended for five years, and fined. Meng Qingshan has not held any position in the company since his retirement in January 2017. The above matters only involve Meng Qingshan personally and have nothing to do with the company. At present, the company's production and operation activities are all normal. This matter will not affect the company's equity structure, corporate governance and production and operation.
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