Transacting With Counterparties From The People's Republic Of China
On Oct. 21, Nanshan Power publicly announced that the Shenzhen Bureau of China Securities Regulatory Commission (CSRC Shenzhen Bureau) had served a notice on it, ordering it to carry out rectifications for certain activities of Nanshan Power in relation to two oil options entered into with J. Aron & Co (Singapore) Pte. Ltd., a Singapore-based counterparty.
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