Bluestar Adisseo's (SHA:600299) deputy general manager, Wang Yan, received an administrative penalty decision from the China Securities Regulatory Commission in relation to another company, according to a weekend disclosure on the Shanghai bourse.
The Chinese livestock nutrition additives maker's shares rose nearly 1% in recent trade.
The matter does not involve the company, and it will not have an adverse material impact on its operations, the disclosure said.
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