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Peng Yao Environmental Protection: Controlling Shareholder Wang Hongchun Indicted for Suspected Insider Trading
Everyday Economic News AI Quick Report, March 20 — Pengyao Environmental Protection announced that one of the company’s actual controllers, Wang Hongchun, received a “Indictment” from the People’s Procuratorate of Wuxi City, Jiangsu Province, and a “Summons” from the Wuxi Intermediate People’s Court on March 19, 2026, for suspected insider trading. Wang Hongchun does not hold a position as a director or senior executive of the company. This matter is personal and will not significantly impact the company’s daily operations. Currently, the company’s and its subsidiaries’ production and business operations are normal, and business is progressing steadily.
Daily Economic News