Guosheng Technology: Received the Administrative Regulatory Measures Decision Letter from the Beijing Securities Regulatory Bureau.

On September 19th, Guosheng Technology announced that the company received a decision from the Beijing Securities Regulatory Bureau on September 19, 2025, entitled "Decision on Taking Corrective Measures against Guosheng Shi'an Technology Co., Ltd., Hui Quanfu, Wu Jun, Gao Fei, Yao Qi, and Zhang Yongsheng". After investigation, the company was found to have inaccurately recognized the revenue and costs of the landscaping business in previous years. The company did not timely adjust accounting estimates and related revenue and cost recognition when it became aware of changes in estimated total costs, resulting in inaccurate information disclosure in the company's 2022 annual report, 2023 interim report, and 2023 annual report. The Beijing Securities Regulatory Bureau has decided to take regulatory measures to require the company and related personnel to correct these issues and to record them in the securities and futures market integrity file.