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After the stock market closed on August 15, Juewei Foods issued an announcement stating that the company had been filed by the China Securities Regulatory Commission for suspected illegal and irregular information disclosure.

On the same day, Juewei Food’s announcement did not disclose the specific content of the suspected illegal and irregular information disclosure. In response to this, on the afternoon of August 15, the Beijing News Shell Finance reporter called Juewei Food’s secretary’s office and securities department several times, but was unable to get through as of press time.

The reporter sorted out public information and found that from 2021 to 2023, Juewei Food was subject to regulatory measures by the Shanghai Stock Exchange three times. Among them, in August last year, the reason why Juewei Food received a regulatory warning was that the company had failed to disclose joint investment with related parties, failed to disclose related parties and related transactions as required, and the company's store operating funds, franchise fees, and management fees were not managed in a standardized manner.

As of the close of August 15, Juewei Food's share price was 14.69 yuan, a single-day decline of 0.07%, and the company's total market value was about 9.107 billion yuan. As the stock price fluctuates, Juewei Food's total market value has moved further and further away from its peak moment. According to Choice Financial Terminal data, Juewei Food's total market value exceeded 63.5 billion yuan on February 9, 2021.

Information disclosure violations have beenHunan Securities Regulatory BureauAnd the Shanghai Stock Exchange warned