Jinsheng New Materials: The company and related personnel have received a warning letter from the Zhejiang Securities Regulatory Bureau.

Jinsheng New Materials announced that the company and related personnel have received a warning letter from the Zhejiang Securities Regulatory Bureau. The warning letter points out that the company has violated multiple regulations in terms of the use of raised funds, the confusion between the controlling entity and the enterprise, and the review and disclosure of related party transactions. The company will seriously rectify the situation, strengthen the study of relevant laws and regulations, enhance compliance awareness and the quality of information disclosure. This regulatory measure will not affect the company's normal production and operation activities.