Suzhou Goldengreen Technologies (002808.SZ) and related personnel received a warning letter from the Jiangsu Securities Regulatory Bureau.

Suzhou Goldengreen Technologies (002808.SZ) announced that on December 27, 2024, the company received a decision from the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission to issue a warning letter to Guangdian Technology Co., Ltd., Yu Rongqing, Hong Tao, and Feng Fenlan ([2024]267). After investigation, the company was found to have the following issues: 1. Failure to timely fulfill information disclosure and supervision obligations on external financial aid matters; 2. Defects in internal controls of the export business of light guide drums; 3. Unstandardized financial accounting of inventory in internal transactions; 4. Undisclosed related party transactions. The above behavior violates Article 3, paragraph 1, and Article 41 of the Disclosure Regulation. The Chairman and General Manager of the company, Yu Rongqing, the then Secretary of the Board, Hong Tao, and the Chief Financial Officer, Feng Fenlan, failed to faithfully and diligently fulfill their duties, violating Article 4 of the Disclosure Regulation. Yu Rongqing and Hong Tao bear the main responsibility for the above situation, while Feng Fenlan bears the main responsibility for the second, third, and fourth matters.