Yuandao Communication: Suspected of Falsifying Financial Data, Investigated by China Securities Regulatory Commission.

Yuan Dao Communications announced that on July 11, 2025, the company received a "Notice of Case Filing" issued by the China Securities Regulatory Commission, stating that the company is suspected of false accounting in financial data disclosure documents such as annual reports. The China Securities Regulatory Commission has decided to file a case against the company. If the subsequent facts determined by the China Securities Regulatory Commission administrative penalties trigger the mandatory delisting conditions as stipulated in the "Shenzhen Stock Exchange ChiNext Stock Listing Rules", the company's stock will be subject to mandatory delisting for major violations.