Zhongyin Fashion: The issues pointed out in the warning letter from the Zhejiang Securities Regulatory Bureau have been rectified.
In the announcement of Zhongyin Fashion, the company received the decision of the Zhejiang Securities Regulatory Bureau to issue a warning letter to Zhongyin Fashion Co., Ltd. and related responsible persons on January 14, 2026. The Board of Directors and management of the company attach great importance to this and immediately organize relevant departments to conduct a comprehensive review and deep reflection on the issues pointed out in the warning letter, and strictly implement the rectification requirements. The rectification progress report is as follows: the use of idle funds raised for cash management after the expiration of the authorization on May 22, 2025, without redemption, continued to purchase fixed deposits without the approval of the board of directors, with a maximum amount of 49.5 million yuan; Change in the raised funds account on March 29, 2024 without the approval of the board of directors.
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