Gohigh Networks (000851.SZ) and related individuals received administrative regulatory measures decision letter.

Announcement: Gohigh Networks (000851.SZ) recently received the "Decision on the Regulatory Talk Measures for Fu Jinglin, Zhang Xinzho, and Ding Mingfeng" No. 35 and the "Decision on the Corrective Measures for Datang Gaohong Network Co., Ltd." No. 36 issued by the Guizhou Regulatory Bureau of the China Securities Regulatory Commission. The relevant content is now announced as follows: Administrative Regulatory Measures Decision No. 35: Fu Jinglin, Zhang Xinzho, Ding Mingfeng: After investigation, Datang Gaohong Network Co., Ltd. (referred to as the company) was found to have used idle raised funds to temporarily supplement working capital without repaying on time, and to have changed the use of part of the raised funds without following the prescribed review procedures and disclosure obligations, which does not comply with the regulatory requirements of Article 6, 9, and 12(1) of the "Regulatory Guidelines for the Management and Use of Raised Funds by Listed Companies (Revised in 2022)". In accordance with Article 52 of the "Regulations on Information Disclosure by Listed Companies" (CSRC Order No. 182), our bureau has decided to take administrative regulatory measures by conducting regulatory talks with you, and this will be recorded in the securities and futures market integrity files. Please comply with our bureau's requirements and bring valid identification documents for the regulatory talks. Administrative Regulatory Measures Decision No. 36: Datang Gaohong Network Co., Ltd.: After investigation, Datang Gaohong Network Co., Ltd. (referred to as the company) was found to have used idle raised funds to temporarily supplement working capital without repaying on time, and to have changed the use of part of the raised funds without following the prescribed review procedures and disclosure obligations, which does not comply with the regulatory requirements of Article 6, 9, and 12(1) of the "Regulatory Guidelines for the Management and Use of Raised Funds by Listed Companies (Revised in 2022)". These actions violate Article 3(1) of the "Regulations on Information Disclosure by Listed Companies" (CSRC Order No. 182). In accordance with Article 52 of the "Regulations on Information Disclosure by Listed Companies", our bureau has decided to take corrective measures by ordering your company to make corrections, and this will be recorded in the securities and futures market integrity files.