China000895.CS▼2
Shuanghui Development Fined Over 70 Million Yuan for Veterinary Drug Residue Issues
Shuanghui Development announced that the company, its subsidiary Wangkui Shuanghui, and relevant directors and senior executives have received administrative penalty decision letters. Due to issues including the sale of agricultural products with veterinary drug residues that failed to meet quality and safety standards, Wangkui Shuanghui was ordered to forfeit illegal gains of 1.6539 million yuan and fined 33.0779 million yuan, while the company was ordered to forfeit illegal gains of 1.701 million yuan and fined 34.0193 million yuan. In addition, because the company failed to establish inspection standards for the pig rest period, the company and relevant personnel were fined. The above penalties will reduce the company's net profit for 2026 by 63.8066 million yuan, and will not trigger mandatory delisting for major violations.
000895.CS · Regulation · Negative Shuanghui and its subsidiary Wangkui Shuanghui received administrative penalties and fines totaling over 70 million yuan for selling agricultural products with veterinary drug residues and failing to establish pig rest-period inspection standards, cutting 2026 net profit by 63.8 million yuan.