Yangzhou Jinquan Travelling Goods (603307.SH) received a warning letter from the Jiangsu Securities Regulatory Bureau.

Yangzhou Jinquan Travelling Goods (603307.SH) announced that the company recently received a decision from the Jiangsu Regulatory Bureau of China Securities Regulatory Commission (referred to as "Jiangsu Securities Regulatory Bureau") on issuing a warning letter to Yangzhou Jinquan Travelling Goods and Zhao Renping (Decision No. 4 of 2025). After investigation, it was found that between August 5, 2024 and August 19, 2024, the company had acquired a total of 150 million yuan worth of high-value certificates of deposits held by its related party Jiangsu Aoliwei Sensing Technology Co., Ltd., with a transaction amount of 153.2661 million yuan including principal and accrued interest, accounting for 11.50% of the latest audited net assets. The company failed to timely conduct review procedures and disclosure obligations for this related party transaction, and only completed the review and disclosure on November 28, 2024.