LZCIC: Received the Administrative Supervision Measures Decision from the Guangxi Securities Regulatory Bureau

LZCIC announced that the company has received the "Decision on Ordering Liuzhou Chemical Co., Ltd. to Correct Violations" and the "Decision on Supervisory Talks with Lu Shengyun and Huang Jizhong" issued by the Guangxi Securities Regulatory Bureau. The decision pointed out that the company has issues such as non-standard accounting practices and failure to fulfill the obligation to check the integrity records of the proposed appointees for the board of directors and supervisors, violating relevant laws and regulations. The company must submit a written rectification report within 30 days and strengthen the study and training of securities laws and regulations, solidify the foundation of financial accounting, and improve the capabilities and levels of accounting and financial management. Lu Shengyun and Huang Jizhong, as responsible persons, will undergo supervisory talks