Beijing Securities Regulatory Bureau issues a warning letter to Dongxing Securities.

The Beijing Securities Regulatory Bureau has issued a decision to impose administrative supervision measures by issuing a warning letter to Dongxing Securities Co., Ltd. After investigation, it was found that the company did not conduct sufficient due diligence in the issuance process of the "24 Shimeng 01," "Hangtou 01," and "Hangtou 01" projects, did not carefully verify the accuracy of issuance documents, and had errors in the entrusted management reports and work papers. Furthermore, there were issues with information disclosure, inadequate compliance checks, among others. These actions violated relevant regulations. The Beijing Securities Regulatory Bureau has decided to impose administrative supervision measures by issuing a warning letter to the company. The company should take this as a warning, carefully identify and rectify problems, establish a sound internal control system, and effectively improve compliance management levels.