QingYue Optoelectronics Under Probe in China Over Alleged False Financial Reporting

MT Newswires Live
Nov 03

Suzhou QingYue Optoelectronics Technology (SHA:688496) has received a notice from the China Securities Regulatory Commission over alleged false information in its periodic financial reports, according to a Monday Hong Kong bourse filing.

Yeebo (International Holdings) (HKG:0259) holds an approximately 28.08% equity interest in Suzhou QingYue.

Suzhou QingYue said it will fully cooperate with the CSRC investigation, adding that its business operations remain unaffected.

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