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🚨 Material Event

Announcement on Receiving the Preliminary Administrative Penalty Decision from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission

Zhejiang Zhongjian Technology Co., Ltd.··3 pages

✨ AI Summary

Zhejiang Zhongjian Technology Co., Ltd. received a preliminary administrative penalty decision from the Zhejiang Regulatory Bureau of the CSRC for alleged information disclosure violations. The company and its executives are accused of misrepresenting a cooperation agreement. The CSRC proposes fines and warnings, with the final outcome pending. The company states it does not face delisting risks and operations remain normal.

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Full Translation

AI Translation· gemini_document

Securities Code: 002779

Securities Abbreviation: Zhongjian Technology

Announcement Number: 2026-039

Zhejiang Zhongjian Technology Co., Ltd.

Announcement on Receiving the Preliminary Administrative Penalty Decision from the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are not aware of any false representations, misleading statements, or material omissions.

On April 27, 2026, Zhejiang Zhongjian Technology Co., Ltd. (hereinafter referred to as the "Company") received a "Notice of Case Filing" (File No.: CSRC Case Filing [2026] 01120260014) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"). Due to the Company's suspected violations of information disclosure laws and regulations, and in accordance with the "Securities Law of the People's Republic of China," the "Administrative Penalty Law of the People's Republic of China," and other laws and regulations, the CSRC decided to file a case against the Company. For details, please refer to the relevant announcement disclosed by the Company on the Juchao Information Network and the China Securities Journal on April 28, 2026.

On August 12, 2026, the Company and relevant personnel received the "Preliminary Administrative Penalty Decision" (File No.: ZJ Penalty [2026] 19) issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as the "Zhejiang Regulatory Bureau"). The relevant content is hereby announced as follows:

I. Main Content of the "Preliminary Administrative Penalty Decision"

Zhejiang Zhongjian Technology Co., Ltd., Mr. Wu Minggen, Mr. Dai Yongbin, and Mr. Bao Jialong:

The case of suspected information disclosure violations and non-compliance by Zhejiang Zhongjian Technology Co., Ltd. (hereinafter referred to as Zhongjian Technology or the Company) has been investigated by this Bureau. This Bureau intends to impose administrative penalties on you in accordance with the law. Hereby, the facts, reasons, and basis for the administrative penalties that this Bureau intends to impose on you, as well as your rights, are hereby informed.

Upon investigation, the facts of the alleged violations by the parties are as follows:

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