ST Jianyi: Received the Shenzhen Securities Regulatory Bureau's decision on administrative regulatory measures.

date
27/02/2026
*Announcement from ST Jianyi: The company and related parties have received the decision on administrative supervision measures from the Shenzhen Securities Regulatory Bureau. Upon investigation, the company has deficiencies in internal controls related to contract management, some of the board meeting minutes from 2023 to 2025 are not standardized, external financial assistance from 2017 to 2020 was not timely reviewed and disclosed, and the information disclosure related to the equity received from Guangdong Jianyi Stone Co., Ltd. in December 2024 was inaccurate. Former Chairman Tang Liang, former Chairman and General Manager Liu Haiyun, former Vice Chairman Guo Wei, General Manager Zhang Youwen, former Secretary of the Board Gao Zhonghua, and Secretary of the Board Zhong Mengguang bear primary responsibility for the above issues. The Shenzhen Securities Regulatory Bureau has decided to impose corrective supervision measures on the company, and issue warning letters to Tang Liang, Liu Haiyun, Guo Wei, Zhang Youwen, Gao Zhonghua, and Zhong Mengguang respectively.