CN Healthy Food Tech Group Corp. 8-K

What Happened CN Healthy Food Tech Group Corp. (UCFI) reported on Form 8-K that two of its subsidiaries — Zhong Guo Liang Tou Group Limited and Heilongjiang Zhongneng Liangke Agricultural Technology Co., Ltd. — received an Advance Notice of Administrative Penalty from the Heilongjiang Regulatory Bureau of the China Securities Regulatory Commission (CSRC) on April 24, 2026. The CSRC completed an investigation of the Company’s September 2025 merger with Iron Horse Acquisition Company and subsequent Nasdaq listing and concluded the Company failed to complete mandatory offshore listing filing procedures required under the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies. The CSRC proposes fines of RMB3,000,000 ($440,000) on Zhongneng Liangke and RMB1,500,000 ($220,000) on CEO and Chairman Zhenjun Jiang. Zhongneng Liangke and Mr. Jiang have five working days to present a defense or request a hearing; they are reviewing the Notice.

Key Details

• Notice received by subsidiaries on April 24, 2026; Form 8-K filed April 29, 2026.
• CSRC found violations of Articles 13 and 19(1) and deemed an offense under Article 27(1) of the Trial Measures.
• Proposed fines: RMB3,000,000 ($440,000) on Zhongneng Liangke; RMB1,500,000 ($220,000) on CEO Zhenjun Jiang.
• Affected transaction: merger with Iron Horse Acquisition Company and Nasdaq listing in September 2025.

Why It Matters This is a regulatory action involving the company’s compliance with China’s overseas listing rules tied to its 2025 Nasdaq listing. The proposed fines are material at the subsidiary and individual level and introduce legal and reputational risk. Investors should note the company is reviewing the Notice and may respond or seek a hearing; the filing does not state a final penalty or any immediate operational changes. Continued disclosure may follow depending on the outcome of the CSRC process.