Chengdu Zhenghong Technology: Company and related personnel received the administrative supervision measures decision letter from the Hunan Securities Regulatory Bureau.

Announcement from Zhenghong Technology: On April 21, 2026, the company and related personnel received a decision from the Hunan Securities Regulatory Bureau on the "Decision on Issuing a Warning Letter to Supervise and Manage Hunan Zhenghong Technology Development Co., Ltd. and Related Personnel". It was found that the company provided external guarantees to downstream customers totaling 11.075 million yuan and 29.6493 million yuan in 2023 and 2024 respectively, without performing the required review procedures and disclosure obligations in a timely manner. The former chairman Yan Jinsong, former CEO Zeng Xiangzhi, former CFO Xu Bingfang, and former board secretary Liu Hao did not fulfill their duties diligently and responsibly as required by regulations, and bear primary responsibility for the company's violations.