002309SZSE

Announcement on Jiangsu Regulatory Bureau's Warning Letter to the Company and Relevant Personnel

Jiangsu Zhongli Group Co., Ltd.·March 31, 2026

✨ AI Summary

Jiangsu Zhongli Group Co., Ltd. received a warning letter from the Jiangsu Securities Regulatory Bureau regarding inaccurate financial disclosures for 2024. The company incorrectly applied the net method instead of the gross method for revenue recognition, leading to revenue reductions. The company and its former chairman and financial director are held responsible and will have this recorded in their integrity files.

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Company Code: 002309 Company Abbreviation: Zhongli Group Announcement Number: 2026-009

Jiangsu Zhongli Group Co., Ltd.

Announcement on Jiangsu Regulatory Bureau's Warning Letter to the Company and Relevant Personnel

The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Jiangsu Zhongli Group Co., Ltd. (hereinafter referred to as the "Company") recently received a "Decision on Issuing a Warning Letter to Jiangsu Zhongli Group Co., Ltd. and Relevant Personnel" (No. [2026] 29) (hereinafter referred to as the "Warning Letter") issued by the Jiangsu Bureau of the China Securities Regulatory Commission (hereinafter referred to as the "Jiangsu Regulatory Bureau"). The relevant situation is hereby announced as follows:

I. Specific Content of the "Warning Letter"

"Jiangsu Zhongli Group Co., Ltd., Wang Weifeng, Xu Juncheng:

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