First Entrepreneurship: Wholly-owned subsidiary One Investment Bank received an "Administrative Penalty Decision" from the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission, and was fined 12.7358 million yuan.

Announcement of the First Entrepreneurship: wholly-owned subsidiary Yichuang Investment Bank received an "Administrative Penalty Decision" from the Jiangsu Regulatory Bureau of the China Securities Regulatory Commission due to its lack of diligence and responsibility in the continuous supervision of the Hongda Xingye Convertible Bond project. Yichuang Investment Bank had its underwriting business income of 4.2453 million yuan confiscated and was fined 12.7358 million yuan. The sponsoring representatives, Song Yao and Fan Benyuan, were warned and fined 1.5 million yuan each.