Ningbo Yunsheng (600366.SH) and related personnel have received a warning letter from the Ningbo Securities Regulatory Bureau.

Announcement from Ningbo Yunsheng (600366.SH): Recently, the company received a decision from the Ningbo Regulatory Bureau of the China Securities Regulatory Commission to issue a warning letter to Ningbo Yunsheng Co., Ltd. and Jili. The main content of the warning letter and relevant information is disclosed as follows: Ningbo Yunsheng Co., Ltd., Jili: Upon investigation, Ningbo Yunsheng Co., Ltd. (referred to as Ningbo Yunsheng or the company) repurchased a total of 3,787,880 shares of the company from April 30, 2020 to June 8, 2020 for the purpose of implementing equity incentives. The repurchased shares should have been transferred in accordance with the disclosed purposes, and if not transferred according to the disclosed purposes, they should have been cancelled before the expiration of a three-year period. However, the company did not timely cancel the corresponding shares as required and disclose the relevant information, and it was not until November 15, 2024 that the company cancelled 843,000 of the shares due for cancellation and disclosed the "Announcement on Implementation of Cancellation of Part of the Repurchased Shares and Change in Share Capital". In accordance with Article 37 of the "Rules on Repurchase of Shares of Listed Companies" (CSRC Announcement [2023] No. 63) and Article 52 of the "Measures for the Administration of Disclosure of Information by Listed Companies", our bureau has decided to issue a warning letter and take administrative regulatory measures against you, which will be recorded in the integrity file of the securities and futures market. You should learn lessons from this and enhance awareness of standardized operations to prevent such incidents from happening again.