Announcement on Company and Related Parties Receiving Warning Letter

Pairui Co., Ltd.·July 31, 2026·2 pages

✨ AI Summary

The company received a warning letter from the Shaanxi Securities Regulatory Bureau for improperly managing idle raised funds. The funds were directly transferred from a special account to multiple general accounts for wealth management, and maturing principal was reinvested without disclosure. The company and responsible individuals have taken corrective actions and will submit a rectification report.

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Full Translation

AI Translation· gemini_document

Securities Code: 300831

Securities Abbreviation: ST Pairui

Announcement No.: 2026-048

Xi'an Pairui Power Semiconductor Converter Technology Co., Ltd.

Announcement on Company and Related Parties Receiving Warning Letter

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

On July 31, 2026, Xi'an Pairui Power Semiconductor Converter Technology Co., Ltd. (hereinafter referred to as the "Company") received the "Decision on Issuing a Warning Letter to Xi'an Pairui Power Semiconductor Converter Technology Co., Ltd., Liu Qiang, Bai Jie, and Guo Wei" (Shaanxi Regulatory Measure [2026] No. 45) (hereinafter referred to as the "Warning Letter") issued by the Shaanxi Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as the "Shaanxi Securities Regulatory Bureau"). The relevant situation is hereby announced as follows:

I. Main Content of the "Decision on Issuing a Warning Letter to Xi'an Pairui Power Semiconductor Converter Technology Co., Ltd., Liu Qiang, Bai Jie, and Guo Wei"

"Xi'an Pairui Power Semiconductor Converter Technology Co., Ltd., Liu Qiang, Bai Jie, Guo Wei:

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