Tianyuan Co., Ltd.: The company and Chairman Yao JiuZhi are under investigation by the China Securities Regulatory Commission for suspected information disclosure violations.

MaticHoleFiller · 2026-04-05T12:02:51+00:00

Tianyye Co., Ltd. has been filed by the China Securities Regulatory Commission for suspected information disclosure violations, and Chairman Yao JiuZhi is also involved. The company faces delisting warning, and although its performance is expected to grow in 2025, serious internal control issues significantly impact its outlook.

MaticHoleFiller

2026-04-05 12:02:51

Abstract generation in progress

On April 3, Tianye Co., Ltd. (920023.BJ) released an announcement. The company and its Chairman, Yao Jiu zhi, received a filing notice issued by the China Securities Regulatory Commission (hereinafter referred to as the “CSRC”), titled 《Filing Notice》 (filing letter numbers 0272026001 and 0272026002).

The announcement shows that, due to alleged violations of laws and regulations such as information disclosure by the company, and in accordance with laws and regulations including the 《Securities Law of the People’s Republic of China》, the 《Administrative Penalty Law of the People’s Republic of China》, among others, the CSRC has decided to file a case against the company and Yao Jiu zhi.

According to Tianye Co., Ltd.’s official website, the company was established in 2007, is located in Beihai City, Guangxi, and is an agriculture-focused enterprise integrating fruit and vegetable cultivation, production and processing, and sales. On February 2, 2023, Tianye Co., Ltd. was listed on the Beijing Stock Exchange.

At the same time, Tianye Co., Ltd. is facing a risk of delisting due to an internal control disclaimer opinion. On March 31, Tianye Co., Ltd. disclosed that the company’s 2024 annual financial report had internal control issued with a disclaimer opinion in the audit report, which has triggered the exchange’s delisting risk warning requirement. If similar issues recur in 2025, the company’s stock will be subject to a delisting risk warning.

In terms of performance, according to Tianye Co., Ltd.’s performance report, in 2025, the company achieved operating revenue of 537 million yuan, a year-on-year increase of 8.78%; attributable net profit was 11.8037 million yuan, a year-on-year increase of 22.26%. At period-end, the company expects total assets to be 1.63B yuan, a year-on-year increase of 3.36%; shareholders’ equity attributable to listed company shareholders was 1.21B yuan, a year-on-year increase of 0.85%.

Tianye Co., Ltd. stated that during the reporting period, with the slowdown in the growth rate of the downstream new tea beverage industry and a decline in the enthusiasm for high-end consumption, the company actively optimized its product structure and customer structure to respond to market pressure. The growth in its orange juice business revenue drove a slight year-on-year increase in operating revenue. During the reporting period, the company’s attributable net profit increased, mainly because the amount of asset impairment losses in the same period of the previous year was relatively large.

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