Heshun Technology: Due to issues such as untimely information disclosure, the Zhejiang Securities Regulatory Bureau issued a warning letter to the company and relevant responsible persons

On September 18, Heshun Technology announced that on September 17, it received a decision from the Zhejiang Securities Regulatory Bureau regarding the issuance of a warning letter to Hangzhou Heshun Technology Co., Ltd. and related personnel. The decision document indicates that the company failed to timely disclose government subsidies received and the progress of shareholder contributions, among other issues. The company's chairman and general manager Fan Heqiang, and the board secretary and chief financial officer Wu Xueyou should bear primary responsibility for the aforementioned actions. The Zhejiang Securities Regulatory Bureau has decided to impose supervisory measures by issuing warning letters to the company and the responsible individuals, which will be recorded in the integrity archives of the securities and futures market