Yunding Technology (000409.SZ) and related personnel have received a warning letter from the Shandong Securities Regulatory Bureau.

Yunding Technology (000409.SZ) announced that the company and related personnel recently received a decision from the Shandong Securities Regulatory Bureau on issuing a warning letter to Yunding Technology Co., Ltd., Zhang Hong, Guo Changzhou, and Li Qinghua. The warning letter points out: In October 2015, the company acquired a 70% stake in Binzhou City Lize Source Biological Technology Co., Ltd. ("Lize Source") through its wholly-owned subsidiary. In 2020, Lize Source was delisted from the listed company and is currently undergoing bankruptcy liquidation. It was found that Lize Source's collection of payments from sales customers through bank bills in 2015 and 2016 did not match the actual amounts, totaling 69 million yuan and 52 million yuan respectively, leading to inaccurate information disclosure in the company's 2015 and 2016 annual reports.