Controversies

Criticized by Shanghai Stock Exchange for Untimely and Inaccurate Information Disclosure

The Shanghai Stock Exchange found that Times New Material had problems of untimely and inaccurate information disclosure and insufficient risk disclosure, and issued a circulated criticism to the company, then general manager Yang Jun, and then board secretary Jiang Qibin; the company also received regulatory attention because government subsidies were not disclosed in a timely manner. Circulated criticism, regulatory attention.