Standard stock: In response to the China Securities Regulatory Commission warning letter, we have completed the rectification of financial issues.
Standard Corporation announced that on November 28, 2025, it received a warning letter from the Shaanxi Securities Regulatory Bureau regarding errors in the calculation of accounts receivable for the supply chain project in its 2023 annual report, insufficient provision for credit impairment losses, leading to inaccurate disclosure of financial statement data. The company immediately rectified the situation, organizing relevant departments to identify issues, learn guidelines, and review contracts. Responsible persons for the rectification include the chairman, and the rectification has been completed. The company will learn from this lesson, improve standard operations and disclosure quality, and protect the interests of investors.
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