37 Mutual Entertainment announced that the relevant personnel of the company received a warning letter issued by the Anhui Securities Regulatory Bureau on December 5, 2025. It was discovered that the company had committed illegal acts: the shareholders' shareholders' shareholding disclosed in the 2018 annual report was a false record; the undisclosed acquisition of Jiangsu Aurora's shares was a related transaction, and there were major omissions; the 2020 annual report did not disclose that the purchase of Guangzhou 37 shares was a related transaction, and there were major omissions.

37 Mutual Entertainment announced that the relevant personnel of the company received a warning letter issued by the Anhui Securities Regulatory Bureau on December 5, 2025. It was discovered that the company had committed illegal acts: the shareholders' shareholders' shareholding disclosed in the 2018 annual report was a false record; the undisclosed acquisition of Jiangsu Aurora's shares was a related transaction, and there were major omissions; the 2020 annual report did not disclose that the purchase of Guangzhou 37 shares was a related transaction, and there were major omissions.