Electric Broadcaster Media: Received the Decision on Administrative Supervision Measures by Hunan Securities Regulatory Bureau.

date
17/05/2025
Notice from Electric Media Group: The company and related responsible persons have received the "Administrative Supervisory Measures Decision" issued by the Hunan Securities Regulatory Bureau. During an on-site inspection, the Hunan Securities Regulatory Bureau found that the company had issues with undisclosed related transactions and improper provision for inventory impairment. The company was ordered to make corrections, and the responsible persons were issued warning letters. The company has made supplementary disclosures and carefully calculated the provision for inventory impairment. This regulatory measure will not affect the company's normal production and operation.