Securities Code: 300096
Securities Abbreviation: ST E-lianzhong
Announcement Number: 2026-040
E-lianzhong Information Technology Co., Ltd.
Announcement Regarding Receipt of Administrative Penalty Decision
The Company and the entire Board of Directors guarantee that the content of the information disclosed is true, accurate, and complete, and that there are no false or misleading statements or material omissions.
E-lianzhong Information Technology Co., Ltd. (hereinafter referred to as "E-lianzhong" or the "Company") received a "Notice of Filing" (Filing No.: 证监立案字 0282024004) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") on May 8, 2024. The Company was filed for investigation on suspicion of violating information disclosure regulations, such as failing to disclose guarantees provided to related parties as required. 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.
On June 12, 2026, the Company received a "Notice of Prior Administrative Penalty" (Fujian Securities Regulatory Penalty No. [2026] 5) issued by the CSRC Fujian Regulatory Bureau.
For specific content, please refer to the "Announcement Regarding Receipt of Notice of Filing from the China Securities Regulatory Commission" (Announcement No.: 2024-027) and the "Announcement Regarding Receipt of Notice of Prior Administrative Penalty" (Announcement No.: 2026-038) disclosed by the Company on the Juchao Information Network on May 8, 2024, and June 13, 2026.
On July 8, 2026, the Company received the "Administrative Penalty Decision" (No. [2026] 6) issued by the CSRC Fujian Regulatory Bureau. The relevant situation is hereby announced as follows:
I. Main Content of the "Administrative Penalty Decision"
Parties involved: E-lianzhong Information Technology Co., Ltd.
Zhang曦, male, was the controlling shareholder and actual controller of E-lianzhong and the Chairman of E-lianzhong at the time.
Zhang Huafang, female, was the Chief Strategy Planner of E-lianzhong at the time.
Huang Wencan, male, was the Vice Chairman and Chief Executive Officer of E-lianzhong at the time.
Chen Donghong, male, was the Chief Financial Officer of E-lianzhong at the time.
In accordance with the relevant provisions of the "Securities Law of the People's Republic of China" revised in 2005 (hereinafter referred to as the "2005 Securities Law") and the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), our bureau has investigated the information disclosure violations by E-lianzhong and Zhang曦. The parties were informed of their rights to make statements and defend themselves according to law, and did not submit any statements or defense opinions, nor did they request a hearing. The case has now been investigated and concluded.
The investigation found that E-lianzhong and Zhang曦 committed the following illegal facts:
I. E-lianzhong failed to timely disclose guarantees provided to related parties, and its relevant periodic reports contained material omissions.
Zhang曦 was the controlling shareholder and actual controller of E-lianzhong. In October 2018, Zhang曦 privately provided a guarantee in the name of E-lianzhong for a loan of 550 million yuan from Zhang Mouyun to Zhang Mouyun and his related party Jingmou Real Estate Co., Ltd. (hereinafter referred to as "Jingmou Real Estate"). The guarantee amount accounted for 71.61% of E-lianzhong's audited net assets in 2017, constituting a guarantee for a related party. In May and June 2020, Zhang曦 again privately provided a guarantee in the name of E-lianzhong for the debt balance of 542 million yuan and 555 million yuan (after deducting debt offsets) for the aforementioned debt. The guarantee amounts accounted for 62.02% and 63.52% of E-lianzhong's audited net assets in 2019, respectively. In August 2024, the Beijing Arbitration Commission made an award, ruling that E-lianzhong was not liable for the guarantee.