Chinanews.com, February 1st. On the 1st, Jiangsu Yuyue Medical Equipment Co., Ltd. issued the "Announcement on Receiving the Administrative Punishment Decision from the Zhenjiang Market Supervision and Administration Bureau".

According to the announcement, the company received the "Decision on Administrative Punishment of Zhenjiang Market Supervision Administration Bureau" on January 31, 2023. The company attaches great importance to this administrative penalty and actively cooperates with the investigation; and promotes corresponding rectification.

Strictly strengthen company management, strengthen relevant personnel's study of laws, regulations and normative systems, and take precautions to prevent similar situations from happening again.

  Yuyue Medical also stated in the announcement that the company’s various businesses are currently operating normally, and this administrative penalty will not have a significant impact on the company’s performance and has not affected the company’s normal operations.

(China New Finance and Economics)

Screenshot of the announcement.