Fangda Special Steel: Received a warning letter from the Jiangxi Securities Regulatory Bureau.

Fangda Special Steel announced that the company and relevant personnel received a warning letter from the Jiangxi Securities Regulatory Bureau. Upon investigation, it was found that the company did not correctly confirm revenue in 2024, leading to inaccurate disclosure of total operating revenue and total operating costs in the first quarter report, half-year report, and third quarter report. The company and relevant personnel will take this as a lesson, strengthen the study of enterprise accounting standards and securities laws and regulations, and improve the level of standardized operation and quality of financial information disclosure.