Noblelift Intelligent Equipment (603611.SH) and related personnel received a warning letter from the Zhejiang Securities Regulatory Bureau.

Noblelift Intelligent Equipment (603611.SH) announced that the company recently received a decision from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission (referred to as the "Zhejiang Securities Regulatory Bureau") to issue a warning letter to Noblelift Intelligent Equipment Co., Ltd., Changxing Noble Power Co., Ltd., and related personnel. Changxing Noble Power Co., Ltd. (referred to as "Changxing Noble") is an affiliate of Noblelift Intelligent Equipment Co., Ltd. In 2024, the subsidiary of Noblelift Intelligent Equipment, Zhongding Intelligent (Wuxi) Technology Co., Ltd. (referred to as "Zhongding Intelligent"), had non-operational funds amounting to 6.057 million RMB with Changxing Noble, which constituted unauthorized use of funds by related parties. Noblelift Intelligent Equipment did not disclose the above-mentioned unauthorized use of funds by related parties in the 2024 annual report. The actions of Noblelift Intelligent Equipment mentioned above violated the provisions of Article 3 of the "Measures for the Administration of Information Disclosure by Listed Companies" (CSRC Order No.182) and Article 5 of the "Regulatory Guidelines for Listed Companies No. 8 - Supervision Requirements for Intercompany Fund Transactions and External Guarantees by Listed Companies" (CSRC Announcement [2022] No. 26). Changxing Noble violated the provisions of Article 3 of the "Regulatory Guidelines for Listed Companies No. 8 - Supervision Requirements for Intercompany Fund Transactions and External Guarantees by Listed Companies" (CSRC Announcement [2022] No. 26). Ding Yi, Chairman of Noblelift Intelligent Equipment, Mao Ying, General Manager, former Board Secretary Dai Wenbin, and CFO Mao Xingfeng failed to fulfill their duties diligently, violating Article 4 and Article 51 of the "Measures for the Administration of Information Disclosure by Listed Companies" (CSRC Order No. 182), and they bear the main responsibility for the above actions. In accordance with Article 52 of the "Measures for the Administration of Information Disclosure by Listed Companies" (CSRC Order No. 182) and Article 23 of the "Regulatory Guidelines for Listed Companies No. 8 - Supervision Requirements for Intercompany Fund Transactions and External Guarantees by Listed Companies" (CSRC Announcement [2022] No. 26), the Zhejiang Securities Regulatory Bureau decided to issue warning letters to the company and related personnel as a supervision measure, and record them in the integrity file of the securities and futures market.