Wuzhou Transportation: Supervisory warning issued due to irregularities in accounting practices and other violations.

Wuzhou Transportation Announcement: The company has received a warning from the Shanghai Stock Exchange for improper accounting and failure to fulfill the duty of integrity file inquiry for directors and senior management. From 2022 to 2024, the company partially recognized business income in the trading business based on insufficient grounds, and inaccurately used the total amount method for recognizing some business income, leading to inaccurate financial report disclosures for the related years. In addition, the company did not inquire about the integrity files of the prospective directors and senior management as required. The Shanghai Stock Exchange has issued a regulatory warning to the company's chairman at the time, Zhou Yizhu, the then general manager Zhang Yi, Xu Guoping, and the then chief accountant Yu Li, and has requested the company to submit a rectification report.