# related-party transactions
Latest news and articles about related-party transactions
Total: 3 articles found
China’s Securities Regulator Hits Tianfeng with Maximum Fines and Lifetime Bans over Illicit Financing of Controlling Shareholder
The China Securities Regulatory Commission has proposed top fines and lifetime market bans after finding that Tianfeng Securities illegally financed its largest shareholder and failed to disclose related‑party transactions from 2020 to 2022. The penalties — including RMB 25 million in corporate fines, RMB 34.8 million in individual fines and lifetime bans for three executives — signal tougher enforcement on conflicts of interest and weaker tolerance for broker‑sponsor collusion.
Buchang Pharma Founder Hit with Consumption Ban After Family Hotel Defaults on Rmb16m Loan
An enforcement order has placed Buchang Pharmaceutical founder Zhao Buchang on China’s restricted‑consumption list after a family‑owned hotel failed to fully repay a Rmb16 million loan. The case is legally separate from the listed company but raises governance and related‑party concerns given the Zhao family’s recent local property acquisitions and the founder’s controlling stakes in non‑listed assets.
Shanghai-listed Materials Firm Insists Chairman Played No Role in Robotics R&D Amid Regulatory Query
Shangwei New Materials said its chairman, Peng Zhihui, did not take part in the company’s R&D and that operational responsibility sits with joint CEO/CTO Zhou Bin, after receiving supervisory queries from Shanghai regulators. The company highlighted existing governance structures and pledged more cautious external communications given Peng’s concurrent role at a related robotics firm.