The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
I. Basic Situation of Stock Suspension
Oupu Smart Network Co., Ltd. (hereinafter referred to as "the Company") has had its stock suspended from listing since May 15, 2020, due to receiving audit reports with disclaimers of opinion for two consecutive fiscal years (2018 and 2019) and having negative net assets for two consecutive fiscal years. This decision was made in accordance with Article 14.1.1 and Article 14.1.3 of the Shenzhen Stock Exchange's "Listing Rules (Revised November 2018)" and the review opinions of the Shenzhen Stock Exchange Listing Committee.