| Announcement date of regulatory attention: January 4, 2021 |
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| title | Concern Letter on Yibin Wuliangye Co., Ltd |
| Relevant regulations | |
| Document batch number | Concern Letter [2021] No. 1 of the Company Department |
| Reason for approval | The Company received the letter of concern issued by the Company Management Department of Shenzhen Stock Exchange |
| Approval content | Your company is requested to submit the relevant explanatory materials to our department and disclose them to the public before January 7, 2021, and send a copy to the local office. |
| Handled by | Company Management Department of Shenzhen Stock Exchange |
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| Date of investigation announcement: August 28, 2018 |
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| title | Wuliangye: Announcement on Disciplinary Review and Supervision Investigation of the Company's Supervisors |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Yu Mingshu, the supervisor and chairman of the board of supervisors of the Company, is suspected of serious violations of discipline and laws |
| Approval content | At present, it is subject to disciplinary review and supervision investigation. |
| Handled by | Sichuan Provincial Commission for Discipline Inspection and Supervision |
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| Date of investigation announcement: July 14, 2018 |
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| title | Wuliangye: Announcement on Disciplinary Review and Supervision Investigation of Directors of the Company |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Zhang Hui, Chairman of Yibin State owned Assets Management Co., Ltd. (currently a director of the 5th Board of Directors of the Company) is undergoing disciplinary review and supervision investigation. |
| Approval content | Zhang Hui, Chairman of Yibin State owned Assets Management Co., Ltd. (currently a director of the 5th Board of Directors of the Company) is undergoing disciplinary review and supervision investigation. Zhang Hui is appointed by Yibin State owned Assets Supervision and Administration Company as the director of the Company. |
| Handled by | Sichuan Provincial Commission for Discipline Inspection and Supervision |
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| Illegal announcement date: June 3, 2015 |
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| title | Yibin Wuliangye Co., Ltd. Announcement on Illegal Reduction of Shares Held by Senior Managers |
| Relevant regulations | Guidelines of Shenzhen Stock Exchange for Standardized Operation of Main Board Listed Companies |
| Document batch number | Ministry of Supervision [2015] No. 41 |
| Reason for approval | On April 22, 2015, Mr. Ye Weiquan, the deputy general manager of the company, reduced his 16000 shares of the company at a price of 27.92 yuan in his stock account. After this reduction, he held 82519 shares, which was caused by his family members. On April 29, 2015, the Company disclosed its report for the first quarter of 2015. Mr. Ye Weiquan's share reduction this time violates Article 3.8.15 of the Guidelines for the Standardized Operation of Listed Companies on the Main Board of Shenzhen Stock Exchange (revised in 2015): "Directors, supervisors, senior managers, securities affairs representatives of listed companies and the spouses of the aforesaid persons shall not buy or sell the company's shares and derivatives during the following periods: (I) If the announcement date of the annual report or semi annual report is postponed for special reasons within 30 days prior to the announcement of the company's periodic report, it shall be calculated from 30 days prior to the original scheduled announcement date to the day prior to the announcement. |
| Approval content | After knowing this matter, the company attached great importance to it, timely learned about the relevant situation, made serious criticism and education on Mr. Ye Weiquan's illegal share reduction behavior, and instructed him to conduct a profound written review. On May 4, 2015, the company reported the relevant situation of this matter to the company supervisor of Shenzhen Stock Exchange; On May 19, 2015, Mr. Ye Weiquan made a special trip to Sichuan Securities Regulatory Bureau to explain the relevant situation. The above violations occurred because Mr. Ye Weiquan and his family members did not fully understand the relevant regulations and rules, relaxed their awareness, and mistakenly touched the limit of the periodic report window. For this, Mr. Ye Weiquan and his family members have deeply realized the seriousness of this violation, and sincerely apologize to the investors for this violation. |
| Handled by | Company Management Department of Shenzhen Stock Exchange |
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| Announcement date of punishment decision: February 23, 2013 |
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| title | Announcement of Yibin Wuliangye Co., Ltd. on the Holding Subsidiary's Receiving of the Decision on Administrative Penalty from Sichuan Development and Reform Commission |
| Relevant regulations | Anti monopoly Law of the People's Republic of China |
| Document batch number | CFGJZ [2013] No. 1 |
| Reason for approval | We believe that your company has limited the minimum price for dealers to sell Wuliangye liquor to third parties through contract agreement, price control, assessment, rewards and punishments, which has had a negative impact on the market competition order and has damaged the legitimate rights and interests of consumers. |
| Approval content | This authority has decided to impose a fine of one percent of 2012's sales on your company of RMB 202 million. |
| Handled by | Sichuan Provincial Development and Reform Commission |
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| Announcement date of punishment decision: May 28, 2011 |
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| title | Announcement of Yibin Wuliangye Co., Ltd. on Receiving the Administrative Punishment Decision of the CSRC |
| Relevant regulations | Securities Law, Administrative Measures for Information Disclosure of Listed Companies |
| Document batch number | China Securities Regulatory Commission [2011] No. 17 |
| Reason for approval | Illegal information disclosure |
| Approval content | According to the facts, nature, circumstances and social harm degree of the illegal act of the party concerned, and in accordance with Article 193 of the Securities Law, we will decide: 1、 Wuliangye was given a warning and fined 600000 yuan; 2、 Tang Qiao and Wang Guochun were warned and fined 250000 yuan respectively; 3、 Chen Lin, Zheng Wanbin and Peng Zhifu were warned and fined 100000 yuan respectively; 4、 Ye Weiquan, Liu Zhonghua and Zhu Zhongyu were warned and fined 30000 yuan respectively. |
| Handled by | China Securities Regulatory Commission |
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| Date of investigation announcement: September 9, 2009 |
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| title | Announcement of the Fourth Board of Directors of Yibin Wuliangye Co., Ltd |
| Relevant regulations | Securities Law of the People's Republic of China |
| Document batch number | |
| Reason for approval | The company is suspected of violating securities laws and regulations. |
| Approval content | The CSRC has decided to put the company on file for investigation. |
| Handled by | China Securities Regulatory Commission |
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| Announcement date of rectification notice: December 15, 2007 |
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| title | Special Rectification Report on Corporate Governance of Yibin Wuliangye Co., Ltd |
| Relevant regulations | |
| Document batch number | CZJG [2007] No. 12 |
| Reason for approval | 1. The company should strengthen research and actively take measures to gradually solve the problem of related party transactions between the company and Wuliangye Group through appropriate ways, ensure the independence of listed companies and the rights and interests of investors, and standardize the development of the company. 2. The Company shall solve the problem of personnel and office not being separated, and strictly implement the relevant provisions of the Guidelines for the Governance of Listed Companies. 3. The Company shall implement the special committee system under the Board of Directors and ensure the independent operation of the special committee. 4. The Company shall formulate and improve the management system of raised funds, the special management system for executives to buy and sell shares of the Company, the reception and promotion system and other corporate governance related systems. 5. Strengthen the learning and training of senior executives, and improve their awareness of implementing securities laws and regulations consciously and normatively. 6. Strengthen the management of the company's fund use. |
| Approval content | The standardization of listed company governance is a long-term work, which needs to be constantly improved. Our company was affected by the institutional defects (limited listing) during the restructuring, which led to the objective existence of congenital deficiencies. In order to continue the production and operation of listed companies, there must be related party transactions, cross appointment of some senior executives and other problems. These problems are formed by long-term accumulation of history, and it is still difficult to comprehensively solve them in a short time. From the perspective of listed companies, these problems need a gradual process and a certain time to solve. At the same time, the government and state-owned assets departments must actively promote them to solve them fundamentally and gradually. The Company welcomes regulatory authorities, investors and the public to put forward opinions and suggestions on the governance of the Company to jointly promote the construction of corporate governance of the Company. |
| Handled by | Sichuan Securities Regulatory Bureau |
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| Date of notice of criticism: July 17, 2001 |
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| title | Circular on Criticizing Five Companies including Yibin Wuliangye Co., Ltd. and Relevant Personnel |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Failing to perform the reporting procedures in a timely manner according to relevant regulations, and insufficient information disclosure |
| Approval content | |
| Handled by | China Securities Regulatory Commission |
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