Yangmei Chemical Co., Ltd.: Received the Administrative Penalty Decision issued by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission.
Yangmei Chemical Industry Announcement: The company has received the "Administrative Penalty Decision" issued by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission. At the same time, the company has learned from its former controlling shareholder, Huayang Group, that Huayang Group also received an "Administrative Penalty Decision" from the Shanxi Securities Regulatory Bureau on the same day. As of the date of this announcement, the company's production, operation, management, and business activities are all normal, and the company's strategic layout is still progressing smoothly as planned. The company will seriously learn from the experience, strengthen internal governance, enhance the awareness of standardized operation, continuously improve the internal control management system, enhance the quality of information disclosure, and strictly comply with relevant laws and regulations.
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