1. Description of Corrective Measures and Progress
Guangdong Huatie Tongda High-speed Equipment Co., Ltd. (hereinafter referred to as "the Company") received the "Decision on Corrective Measures Against Guangdong Huatie Tongda High-speed Equipment Co., Ltd. and Xuan Ruiguo" from the Guangdong Regulatory Bureau of the China Securities Regulatory Commission (CSRC) on May 10, 2024 (〔2024〕24号) (hereinafter referred to as "Corrective Measures"). For specific details, please refer to the announcement disclosed by the Company on May 11, 2024, titled "Announcement on Receiving the Decision of Corrective Measures from the Guangdong Regulatory Bureau" (Announcement No. 2024-032).