YEEBO (INTERNATIONAL HOLDINGS) LIMITED (Stock Code: 259) reported additional information regarding a notice issued by the China Securities Regulatory Commission (CSRC) to Suzhou QingYue. The regulatory action concerns alleged false information in Suzhou QingYue’s periodic financial reports. According to the latest update, Suzhou QingYue has not provided further details on the case or the individuals involved.
The company stated that it is currently unable to determine any impact on its own financial statements for the year ended 31 March 2025 or on previous years’ annual results. One of YEEBO’s executive directors, who also serves as a director of Suzhou QingYue, does not hold an executive function at Suzhou QingYue, and no other directors or employees of YEEBO or its subsidiaries are involved in Suzhou QingYue’s daily operations. YEEBO affirmed that its operations and those of its subsidiaries are not involved in the incident and continues to closely monitor developments in the case.