Adisseo Says Deputy GM's Penalty Notice Relates to Former Employer, Not Company
Adisseo announced on August 14, 2026, that its deputy general manager Wang Yan received an Administrative Penalty Prior Notice from the Liaoning Securities Regulatory Bureau. The notice stems from matters involving a company where Wang Yan previously worked and does not relate to Adisseo itself. As of the announcement date, Wang Yan has not been subjected to market-entry bans by the China Securities Regulatory Commission or been publicly deemed unsuitable as a listed company director or senior executive. The company stated the matter will not have a material adverse impact on its daily operations.
Adisseo announced on August 14, 2026, that its deputy general manager Wang Yan recently received an Administrative Penalty Prior Notice issued by the Liaoning Securities Regulatory Bureau. As of the date of the announcement, according to the notice, Wang Yan has not been subjected to market-entry prohibition measures by the China Securities Regulatory Commission, nor has he been publicly identified by a stock exchange as unsuitable to serve as a director or senior executive of a listed company.
The announcement stated that Wang Yan received the Administrative Penalty Prior Notice due to matters related to another enterprise where he previously held a position. These matters do not involve Adisseo itself and will not have a material adverse impact on the company's daily production and operations.