The actual controller of ST Guandian (688287.SH) received the administrative supervision measures decision document from the Beijing Securities Regulatory Bureau.

Zhixin Finance APP News, *ST Guandian (688287.SH) announced that on November 11, 2025, the company received Decision No. 186 [2025] issued by the Beijing Securities Regulatory Bureau of the China Securities Regulatory Commission (referred to as "Beijing Securities Regulatory Bureau") about taking warning measures against Gao Ming.