Juli Rigging's announcement was issued by the Hebei Regulatory Bureau of the China Securities Regulatory Commission on December 18, 2025, the “Decision of the Hebei Securities Regulatory Bureau on Administrative Supervision Measures Ordering Corrections and Issuing Warning Letters against Responsible Persons” issued by the Hebei Regulatory Bureau of the China Securities Regulatory Commission. After investigation, Juli Rigging Co., Ltd. committed irregularities in inaccurate accounts receivable impairment calculation and untimely disclosure of government grants. The Hebei Securities Regulatory Bureau decided to take administrative supervision measures to order corrections and issue a warning letter against your company. At the same time, it also takes administrative supervision measures for Chairman Yang Jianguo, general manager Yang Chao, financial director Fu Qiang, and board secretary Zhang Yun, who have the main responsibilities.

Juli Rigging's announcement was issued by the Hebei Regulatory Bureau of the China Securities Regulatory Commission on December 18, 2025, the “Decision of the Hebei Securities Regulatory Bureau on Administrative Supervision Measures Ordering Corrections and Issuing Warning Letters against Responsible Persons” issued by the Hebei Regulatory Bureau of the China Securities Regulatory Commission. After investigation, Juli Rigging Co., Ltd. committed irregularities in inaccurate accounts receivable impairment calculation and untimely disclosure of government grants. The Hebei Securities Regulatory Bureau decided to take administrative supervision measures to order corrections and issue a warning letter against your company. At the same time, it also takes administrative supervision measures for Chairman Yang Jianguo, general manager Yang Chao, financial director Fu Qiang, and board secretary Zhang Yun, who have the main responsibilities.