ST Quanwei: Received the administrative penalty decision, fined 10.6 million yuan.

*ST Quian announced that on August 7, 2026, the company and relevant personnel received the "Administrative Penalty Decision" issued by the Guangdong Securities Regulatory Bureau. Due to failure to disclose related transactions and the matter of major assets being sealed as required, the company was ordered to make corrections, received a warning, and was fined 10.6 million yuan; the actual controller Chu Yifan was fined 15.5 million yuan, including 4.9 million yuan as the directly responsible supervisor and 10.6 million yuan as the actual controller; Lei Xinyue, Zhang Qingfeng, and Li Hui were fined 2.8 million yuan, 1.6 million yuan, and 200,000 yuan respectively.