Announcement on Subsidiary Receiving Administrative Penalty Decision
Securities Code: 300178
Securities Abbreviation: Tengbang Tui
Announcement Number: 2021-114
Tengbang International Commercial Services Group Co., Ltd. (hereinafter referred to as "the Company" or "Tengbang International") announces that its wholly-owned subsidiary, Shenzhen Tengfutong Electronic Payment Technology Co., Ltd. (hereinafter referred to as "Tengfutong"), recently received an "Administrative Penalty Decision" (Shenzhen Ren Yin Penalty [2022] No. 17) issued by the Shenzhen Central Branch of the People's Bank of China (hereinafter referred to as "PBC Shenzhen Central Branch"). The main contents are announced as follows: