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Weifang Beida Jadebird Huaguang Technology Co Ltd Receives Administrative Supervision Decision

Friday, 16 Aug 2013 08:00pm EDT 

Weifang Beida Jadebird Huaguang Technology Co Ltd announced that it has received an administrative supervision decision from Shandong Regulatory Bureau of China Securities Regulatory Commission on August 15, 2013, according to which the Company violated Administrative Measures on Information Disclosure by Listed Companies and Securities Law of the People's Republic of China, by providing incorrect information about controlling shareholder and actual controllers in its annual reports from fiscal year 2008 to 2012. The Company was required to submit corrective report to Beijing Regulatory Bureau in 30 days after this announcement. The Company expects to take the corrective actions before September 20, 2013. 

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