Hubei Radio and Television received a warning letter from the Hubei Securities Regulatory Bureau due to revenue recognition issues.

On September 18, 2025, Hubei Radio and Television received a warning letter from the Hubei Securities Regulatory Bureau. The improper recognition of the collection project business income of the company's wholly-owned subsidiary and the Wuhan branch in 2023 resulted in inaccurate disclosure of financial data in the 2023 annual report, violating the "Regulations on the Disclosure of Information by Listed Companies." Chairman Zeng Wen, General Manager and current Board Secretary Hu Xiaobin, and Finance Director Zhang Hongdi are mainly responsible. The company and relevant individuals have been issued a warning letter as an administrative supervision measure and recorded in the integrity file. The company must submit a rectification report within 30 days. The company and relevant personnel attach great importance to this issue, will rectify as required, eliminate such problems, and protect the interests of shareholders. This warning letter does not affect the company's normal operation, and the company will fulfill its disclosure obligations in accordance with regulations.