Zhong Shenhua Certified Public Accountants has been suspended from engaging in securities services for 6 months.

On May 29th, the Shenzhen Securities Regulatory Bureau disclosed an administrative penalty decision, imposing penalties on Zhongshuhua Accounting Firm and three registered accountants for their lack of diligence in the audit of the annual reports of Shenzhen Guangdao Digital Technology Co., Ltd. for the years 2018 to 2023. According to the decision, Zhongshuhua Accounting Firm was fined 2.1698 million yuan and fined 10.8491 million yuan, totaling 13.0189 million yuan, and suspended from securities services for 6 months; the three accountants were fined 1.3 million yuan, 1 million yuan, and 800,000 yuan respectively, and were banned from the securities market for 5 years, 3 years, and 3 years.