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Erscheinung:04.01.2024 | Topic Measures Announcement about ZhongDe Waste Technology AG

On 18 October 2023, the Federal Financial Supervisory Authority (BaFin) imposed administrative fines totalling 331,500 euros on ZhongDe Waste Technology AG.

The sanction related to a breach of section 114 (1) sentence 2 of the German Securities Trading Act (WertpapierhandelsgesetzWpHG) and breaches of section 115 (1) sentence 1 and sentence 2 of the WpHG

ZhongDe Waste Technology AG failed to publish an announcement stating the date and the website on which the accounting documents listed in section 114 (2) of the WpHG for the financial year 2021 were made publicly available in addition to their availability in the Company Register (Unternehmensregister).

ZhongDe Waste Technology AG failed to make its half-yearly financial report for the financial year 2022 publicly available.

ZhongDe Waste Technology AG failed to publish an announcement stating the date and the website on which the half-yearly financial report for the financial year 2022 was made publicly available in addition to its availability in the Company Register.

The administrative fine order is final and binding.

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