Hongya CNC: the fact that the actual controller is involved in the case is not established and the CSRC decides not to punish and close the case.

FIFA News Agency, June 8, Hongya CNC announced that Li Maohong and Liu Yuhua, the actual controllers of the company, received a "notice of closure" from the China Securities Regulatory Commission as follows: after the trial, the illegal facts of Li Maohong and Liu Yuhua were not established, and the China Securities Regulatory Commission decided not to punish and close the case.