Xin Hai Yi Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
Due to suspected violations of information disclosure laws, the Company and its actual controller, Mr. Zhang Yibin, are under investigation by the China Securities Regulatory Commission (hereinafter referred to as "CSRC"). On January 16, 2023, the Company received the "Advance Notice of Administrative Penalty and Market Ban" (Penalty Document [2023] No. 1) issued by the CSRC. According to the findings in the "Advance Notice," the Company may be subject to major illegal forced delisting as stipulated in Article 9.5.2, Paragraph 1, Item (3) of the "Shenzhen Stock Exchange Stock Listing Rules (Revised August 2023)" (hereinafter referred to as "Listing Rules").