Heren Health: The company and related personnel received a warning letter from the Zhejiang Securities Regulatory Bureau

Heren Health announced on July 8 that the company recently received a decision from the Zhejiang Securities Regulatory Bureau regarding the issuance of a warning letter to Zhejiang Heren Technology Co., Ltd. and related responsible personnel. It was found that on May 23, 2024, the company used part of its idle raised funds for cash management, totaling 400.9144 million yuan, exceeding the previously approved limit of 250 million yuan for idle raised funds cash management by the board of directors. The company failed to timely fulfill the review procedures and information disclosure obligations regarding the above matters, and only held a board meeting for supplementary review and disclosure on April 22, 2025. The company's chairman and general manager Zhao Chenhui, board secretary Zhang Yi, and financial officer Liu Shuangshuang bear primary responsibility for the above violations. The Zhejiang Securities Regulatory Bureau decided to issue warning letters as supervisory management measures to the company, Zhao Chenhui, Zhang Yi, and Liu Shuangshuang, and to record this in the integrity archives of the securities and futures market