香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 Suzhou Novosense Microelectronics Co., Ltd. 蘇州納芯微電子股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2676） 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.10B 條而作出。 茲 載 列 蘇 州 納 芯 微 電 子 股 份 有 限 公 司（「 本公司 」）於 上 海 證 券 交 易 所 網 站 (www.sse.com.cn) 所刊發的公告，僅供參考。 承董事會命 蘇州納芯微電子股份有限公司 董事長兼執行董事 王升楊先生 香港，2026年3月30日 截 至 本 公 告 日 期，本 公 司 董 事 包 括：(i)執 行 董 事 王 升 楊 先 生、盛 雲 先 生、王 一 峰 先生及姜超尚先生；(ii)非執行董事吳傑先生；及(iii)獨立非執行董事洪志良博士、 陳西嬋博士、王如偉先生及杜琳琳女士。 关于苏州纳芯微 ...

Core Viewpoint - Shanghai Broadband Technology Co., Ltd. is facing significant non-operating fund occupation issues, with a total amount of RMB 348,612,206.20, which accounts for 921.63% of the latest audited net assets [2][3]. Group 1: Non-operating Fund Occupation Situation - The non-operating fund occupation is primarily due to historical issues from 2000 to 2007, where the former controlling shareholder, Nanjing Sweet Group Co., Ltd., and its affiliates illegally occupied company funds [3][4]. - The company has attempted to recover the occupied funds through litigation and judicial execution, but the former controlling shareholder's operations have largely ceased, and their assets are under judicial freeze, making recovery difficult [3][4]. Group 2: Proposed Solutions and Progress - The company plans to publicly transfer all debts and contingent claims related to Nanjing Sweet Group and its affiliates to resolve the fund occupation issue, pending approval from the State-owned Assets Supervision and Administration Commission, the board of directors, and the shareholders' meeting [2][4]. - As of now, the company has engaged intermediaries to conduct audits, evaluations, and due diligence on the relevant debts and claims, but the complexity of the situation has delayed progress [5]. Group 3: Regulatory and Risk Considerations - Due to the ongoing non-operating fund occupation, the company's stock continues to be subject to "other risk warnings" as per regulatory requirements [6]. - The company will continue to advance related work and disclose updates on the fund occupation situation as required [6].

Core Viewpoint - Shandong Xinhua Jin International Co., Ltd. (ST Xinhua Jin) and its actual controller Zhang Jianhua are under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, leading to a suspension of trading due to unresolved significant fund occupation issues [1][4][9]. Group 1: Regulatory Actions - On February 25, ST Xinhua Jin received a notice from the CSRC regarding the initiation of an investigation due to suspected violations of information disclosure laws [1][4]. - The actual controller Zhang Jianhua also received a notice from the CSRC on the same day for similar violations [4]. - The company is required to cooperate with the CSRC during the investigation and fulfill its information disclosure obligations in accordance with relevant laws and regulations [4][5]. Group 2: Financial Issues - ST Xinhua Jin is facing a significant non-operating fund occupation amounting to 406 million yuan, which has not been resolved despite a six-month rectification period [5][8]. - As of February 25, the company has reported that no funds have been returned, and the specific solutions for resolving the fund occupation remain undetermined [8]. - The company’s major shareholders, including the controlling shareholder, are undergoing bankruptcy reorganization, which poses risks for the recovery of the occupied funds [8][9]. Group 3: Company Performance - ST Xinhua Jin's financial performance has been under pressure, with a reported revenue of 1.637 billion yuan in 2024, a year-on-year decline of 30.97%, and a net loss of 134 million yuan [9]. - The company is projected to incur a net loss of between 95 million yuan and 142 million yuan for the year 2025 [9]. Group 4: Industry Context - Regulatory bodies have been increasingly focused on violations of information disclosure by listed companies, with a significant percentage of cases involving false records and major omissions [3][10]. - Non-operating fund occupation is a key area of regulatory scrutiny, often leading to violations of information disclosure principles due to its hidden nature [10][11].

Group 1 - The actual controller of Jialinjie, Li Zhaoting, has been detained by the Shijiazhuang Public Security Bureau, and the related case is under investigation [1] - Li Zhaoting previously built a capital empire across multiple industries through Dongxu Group, controlling several listed companies, including Dongxu Guangdian and Dongxu Lantian [1] - Dongxu Group has faced high leverage operations leading to financial issues, resulting in a record fine of 1.66 billion yuan from the China Securities Regulatory Commission for violations including information disclosure and financial fraud [1] Group 2 - Jialinjie, established in 2001, focuses on the research and sales of high-end outdoor sports fabric and garments, with a product line that includes knitted fabrics and functional sports materials [2] - For the first three quarters of 2025, Jialinjie reported revenue of 918 million yuan and a net profit of 51.996 million yuan, showing year-on-year growth of 205.46% and 318.59% respectively [2] - Despite the growth, Jialinjie is deeply tied to Dongxu Group, which holds a combined 21.41% stake in the company, raising concerns about governance and financing capabilities due to potential liquidity issues faced by Dongxu Group [2]

Core Viewpoint - The announcement details the progress of the controlling shareholder's share freeze release and pledge status, indicating that all shares held by the controlling shareholder, Mr. Li Anmin, have been released from judicial freeze but are fully pledged to a bank for debt guarantees. Share Freeze Release - The controlling shareholder, Mr. Li Anmin, holds 317,807,116 shares, accounting for 31.57% of the company's total share capital, which has been fully released from judicial freeze as of January 4, 2026, following a civil mediation by the Beijing Financial Court [1][2]. Share Pledge Progress - Mr. Li Anmin has pledged all 317,807,116 shares to China Minsheng Bank for the financing of Shanxi Xintai Steel Co., Ltd. The repayment for the principal debt is scheduled to be completed by June 10, 2033, with a total repayment amount of 970.91 million yuan [2]. Non-Operating Fund Occupation - The company previously disclosed an incident where 150 million yuan was paid as a deposit to a target company, which was later returned. This situation constituted a non-operating fund occupation by the controlling shareholder, but the matter has been resolved [3]. Impact of Share Pledge on the Company - The share pledge by the controlling shareholder is not expected to affect the company's main business, financing credit, financing costs, or overall governance [4]. Credit Status of the Controlling Shareholder - Mr. Li Anmin, the controlling shareholder, is the executive director of Shanxi Antai Holding Group Co., Ltd. There are no significant lawsuits or arbitration cases related to debt issues. The core enterprise controlled by him, Xintai Steel, has total assets of 11.752 billion yuan and net assets of 1.658 billion yuan as of September 30, 2025 [4]. Related Transactions - The company has complied with all necessary approval procedures and disclosures regarding daily related transactions and guarantees with Xintai Steel and its subsidiaries [4]. Pledge Risk Assessment - The debt agreement includes provisions for additional collateral if the stock price falls below 1.65 yuan per share. Multiple guarantees are in place to cover the debt, minimizing the risk of forced execution of the pledged shares [5].

Regulatory Actions - The company and related personnel received an administrative penalty from the Hubei Securities Regulatory Bureau on January 30, 2026, due to over 100 million yuan in funds being misappropriated under the guise of energy trading and equipment procurement, which went unnoticed by thousands of investors [1][3][4] - The core issue of the violation is the non-operational fund occupation by the actual controller, Zheng Jiping, with funds flowing through five third-party companies that had no substantial business dealings [4][5] Financial Performance and Risks - ST Er Ya announced an earnings forecast on January 30, predicting revenues between 210 million yuan and 260 million yuan for 2025, with operational revenues (excluding unrelated and non-substantial income) expected to be between 207 million yuan and 257 million yuan, which is below the 300 million yuan threshold [1][5] - The company warned that if the audited profit total, net profit, or net profit after excluding non-recurring gains and losses is negative, and if operational revenues are below 300 million yuan, it will face delisting risk warnings as per the Shanghai Stock Exchange regulations [2][5] Investor Rights and Compensation - Investors who meet the updated compensation criteria, specifically those who purchased shares between April 29, 2023, and April 18, 2025, and sold or still hold shares at a loss after April 19, 2025, are encouraged to participate in the rights protection efforts [1][5][6] - Legal expert Liu Peng from Shanghai Huzi Law Firm emphasizes that the misappropriation of funds by major shareholders harms minority shareholders' interests and affects the company's capital allocation efficiency [5]

Group 1 - The core issue involves Jiangsu Baoxin Technology Co., Ltd. facing an investigation by the China Securities Regulatory Commission due to alleged violations of information disclosure laws related to non-operating fund occupation by its controlling shareholder and related parties [1] - The company reported that it had 88 million yuan of non-operating fund occupation in 2022 and 2023, which has been fully recovered by October 31, 2023, along with interest of 1.5445 million yuan calculated at an annualized rate of 6% [1] - Baoxin Technology has implemented internal controls and corrective measures to prevent future occurrences of such issues, including enhancing its internal control system and risk management capabilities [1] Group 2 - Shareholders of Baoxin Technology have expressed intentions to improve legal compliance awareness and ensure responsibilities are fulfilled to avoid future violations, thereby protecting the interests of the company and its investors [2] - The company has issued a performance forecast indicating a slight decline in revenue for 2025, while net profit attributable to shareholders is expected to show a significant reduction in losses [2] - To counteract the decrease in orders for customized equipment in the smart manufacturing sector, the company is focusing on developing integrated equipment in the shared economy field and has achieved substantial revenue growth in the fourth quarter with stable product gross margins [2]

Group 1: Financial Performance - ST Er Ya (600107) expects a net profit attributable to shareholders for 2025 to be between -135 million to -90 million CNY, compared to a loss of 68.1 million CNY in the previous year [1] - The projected operating revenue for 2025 is between 210 million to 260 million CNY, with core operating revenue (excluding unrelated business income) expected to be between 207 million to 257 million CNY, which is below 300 million CNY [1] - The decline in performance is attributed to a decrease in operating revenue due to the disposal of a subsidiary, resulting in a loss of approximately 30 million CNY in the pharmaceutical segment, and a decrease in clothing business revenue [1][7] Group 2: Regulatory Issues - The company and its actual controller, Zheng Jiping, received an administrative penalty from the Hubei Securities Regulatory Bureau for suspected violations of information disclosure laws [2] - ST Er Ya and Zheng Jiping were found to have engaged in non-operating fund occupation through related party transactions, amounting to 103.72 million CNY, which constitutes a violation of securities laws [3][4] - The company failed to disclose non-operating fund occupation in its annual and semi-annual reports, with amounts of 71.5 million CNY and 32.22 million CNY respectively, leading to significant omissions in financial reporting [4] Group 3: Market Performance - The company's stock price has experienced a significant decline of over 30% since late October last year, with the latest stock price at 6.01 CNY and a market capitalization of 2.16 billion CNY [8][9] - As of January 30, the stock closed up 5.07% at 6.01 CNY per share, with a total market value of 21.64 billion CNY [9]

Core Viewpoint - Recently, Shikong Technology (605178.SH) was ordered to rectify by the Beijing Securities Regulatory Bureau due to various regulatory violations [2] Group 1: Regulatory Actions - The Beijing Securities Regulatory Bureau found that in 2024, the controlling shareholder and actual controller Gong Lanhai borrowed a total of 23.864 million yuan from the company through employee loans, resulting in non-operational fund occupation [2] - As of the end of 2024, Gong Lanhai has fully repaid the borrowed amount [2] - The company is also facing other regulatory issues, including improper provisioning for expected credit impairment losses and indications of impairment for idle fixed assets [2] Group 2: Financial Reporting Issues - The goodwill impairment testing lacked sufficient predictive basis for certain parameters, leading to inadequate provisioning for credit and asset impairments as of the end of 2024 [2] - From 2023 to 2024, Shikong Technology improperly accounted for 1.053 million yuan of expenditures unrelated to project development as part of construction in progress [2] Group 3: Internal Control Deficiencies - The company has identified deficiencies in internal controls related to fund payment approvals, supplier approvals, and financial accounting management [2] - As a result of these issues, the Beijing Securities Regulatory Bureau decided to issue a warning letter to Gong Lanhai, the company's then-general manager Jiang Huapeng, and the then-financial director and secretary Wang Xincai, with the relevant information recorded in the securities and futures market integrity file [2]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has issued a corrective order to Time Space Technology (605178.SH) due to various financial irregularities, including improper fund borrowing and inadequate asset impairment provisions [1][2]. Group 1: Financial Irregularities - Time Space Technology's controlling shareholder, Gong Lanhai, borrowed a total of 23.864 million yuan from the company through employee loans, which constituted non-operational fund occupation [1]. - The company failed to properly account for expected credit impairment losses, and there were indications of impairment for idle fixed assets, with insufficient basis for goodwill impairment testing [1]. - The company improperly classified 1.053 million yuan of expenditures unrelated to project development as part of construction in progress [1]. Group 2: Regulatory Actions - The CSRC's decision is based on violations of the Information Disclosure Management Measures and the Regulatory Guidelines for Listed Companies regarding fund transactions and external guarantees [2]. - The CSRC has mandated corrective measures for Time Space Technology and issued warning letters to Gong Lanhai, Jiang Huapeng, and Wang Xincai, who bear primary responsibility for the issues [2]. Group 3: Company Response and Future Plans - Time Space Technology has acknowledged the issues raised in the CSRC's decision and is committed to rectifying them, emphasizing the completion of the fund borrowing issue and its non-impact on normal operations [2]. - The company plans to enhance the knowledge of its board and key personnel regarding relevant laws and regulations, improve its corporate governance structure, and elevate the quality of information disclosure [2]. Group 4: Company Background and Financial Performance - Time Space Technology was listed on the Shanghai Stock Exchange on August 21, 2020, with an initial issuance of 17.727 million shares at a price of 64.31 yuan per share, raising a total of 1.14 billion yuan [3][4]. - The company has reported net losses for four consecutive years, with net profits attributable to shareholders of -17.6653 million yuan in 2021, -209 million yuan in 2022, -207 million yuan in 2023, and -262 million yuan in 2024 [4].