Announcement on Shareholders Receiving Administrative Supervision Measures Decision

✨ AI Summary

This announcement details a regulatory decision by the Zhejiang Securities Regulatory Bureau against several shareholders of Zhejiang Century Huatong Group Co., Ltd. The decision stems from a subsidiary's overstated revenue and profit in 2020. Certain shareholders failed to fulfill their compensation obligations related to a 2019 asset restructuring, leading to this corrective measure.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 002602

Securities Abbreviation: Century Huatong

Announcement No.: 2026-039

Zhejiang Century Huatong Group Co., Ltd.

Announcement on Shareholders Receiving Administrative Supervision Measures Decision

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.

Zhejiang Century Huatong Group Co., Ltd. shareholders Shanghai Yaoquru Network Technology Partnership (Limited Partnership), Shanghai YiqunSheng Enterprise Management Consulting Partnership (Limited Partnership), Shanghai JiyuFan Enterprise Management Consulting Partnership (Limited Partnership), and Zhejiang Huatong Holding Group Co., Ltd. have received the "Decision on Ordering Correction Measures for Shanghai Yaoquru Network Technology Partnership (Limited Partnership), Shanghai YiqunSheng Enterprise Management Consulting Partnership (Limited Partnership), Shanghai JiyuFan Enterprise Management Consulting Partnership (Limited Partnership), and Zhejiang Huatong Holding Group Co., Ltd." (No. [2026] 159) issued by the Zhejiang Securities Regulatory Bureau of the China Securities Regulatory Commission. The main contents are hereby announced as follows:

"Shanghai Yaoquru Network Technology Partnership (Limited Partnership), Shanghai YiqunSheng Enterprise Management Consulting Partnership (Limited Partnership), Shanghai JiyuFan Enterprise Management Consulting Partnership (Limited Partnership), and Zhejiang Huatong Holding Group Co., Ltd.:

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.