Tianli Lithium Energy and its controlling shareholder Wang Ruiqing are under investigation by the China Securities Regulatory Commission (CSRC) for alleged violations of information disclosure laws. The company stated that its operations are proceeding normally and it will cooperate with the investigation. Separately, Portugal has become the first EU nation to approve a windfall tax on oil companies, imposing a 33% tax on excess profits derived from rising fossil fuel prices. AI
RANK_REASON Regulatory investigation into a listed company and its controlling shareholder, alongside a significant policy change in the EU regarding windfall taxes. [lever_c_demoted from significant: ic=1 ai=0.1]
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