603200，公司董事及高管被立案调查

Core Viewpoint - Shanghai Xiba announced that two of its executives, Ms. Pan Yangyang and Mr. Suo Wei, are under investigation by the China Securities Regulatory Commission (CSRC) for suspected short-term trading, but this investigation is personal and will not significantly impact the company's daily operations [1][3]. Group 1 - The company received formal notices from the CSRC regarding the investigation of Ms. Pan Yangyang and Mr. Suo Wei for alleged short-term trading violations [3]. - The investigation is based on the Securities Law of the People's Republic of China and the Administrative Penalty Law, indicating a serious regulatory concern [3]. - The company will continue to monitor the investigation's progress and fulfill its information disclosure obligations as required by law [3][4]. Group 2 - The company emphasizes that the investigation pertains solely to the personal conduct of the two executives and does not pose a major risk to the company's ongoing operations [1][3]. - The designated media for official disclosures includes the Shanghai Securities Journal and the Shanghai Stock Exchange website [3].