Maxscend: Shareholder Huizhi Investment received a warning letter from Jiangsu Securities Regulatory Bureau

On the evening of September 12, Maxscend announced that its shareholder Wuxi Huizhi United Investment Enterprise recently received a warning letter from the Jiangsu Securities Regulatory Bureau of the China Securities Regulatory Commission regarding the decision to take administrative regulatory measures. It was found that from September 28, 2022, to December 6, 2024, this shareholder's shareholding in Jiangsu Maxscend Microelectronics Co., Ltd. changed by 1% due to active reduction and passive dilution, but the change in shareholding was not disclosed in a timely manner, with relevant information only disclosed on August 8, 2025. The above behavior violated the relevant provisions of the "Measures for the Administration of the Acquisition of Listed Companies," and the Jiangsu Securities Regulatory Bureau decided to take administrative regulatory measures against this shareholder by issuing a warning letter, which will be recorded in the integrity file of the securities and futures market