Shanghai Stock Exchange: Disciplinary actions against *ST GUANDIAN, its actual controller and current chairman and general manager Gao Ming, and relevant responsible persons

On July 20th, the Shanghai Stock Exchange issued a decision on disciplinary actions against GUANDIAN DEFENSE Technology Co., Ltd., its actual controller and current chairman and general manager Gao Ming, and relevant responsible persons. The decision pointed out that GUANDIAN DEFENSE Technology Co., Ltd. and its actual controller, current chairman and general manager Gao Ming, had the following violations in terms of standardized operations and information disclosure, and the relevant responsible persons had issues in fulfilling their duties. The company failed to disclose related party transactions involving non-operating fund occupation and external guarantees as required from 2022 to 2023, resulting in the failure to timely disclose significant events. The "Report on the Transfer Listing of GUANDIAN DEFENSE Technology Co., Ltd. to the Science and Technology Innovation Board of the Shanghai Stock Exchange" and related periodic reports contained significant omissions. In 2024, the company also failed to timely disclose related party transactions involving non-operating fund occupation and external guarantees as required