On May 13, Dahua Certified Public Accountants issued a statement stating that the Jiangsu Securities Regulatory Bureau issued an administrative penalty decision to Dahua: Dahua imposed administrative penalties on Dahua and related personnel according to law because Dahua failed to be diligent and conscientious during the annual financial statement audit of Jin Tongling Technology Group Co., Ltd. Dahua sincerely accepted the penalty decisions of the supervisory authorities, consciously accepted the supervision of various supervisory authorities, corporate clients, and all parties in society, carried out comprehensive rectification as required, and organized deep reflection throughout the firm.

On May 13, Dahua Certified Public Accountants issued a statement stating that the Jiangsu Securities Regulatory Bureau issued an administrative penalty decision to Dahua: Dahua imposed administrative penalties on Dahua and related personnel according to law because Dahua failed to be diligent and conscientious during the annual financial statement audit of Jin Tongling Technology Group Co., Ltd. Dahua sincerely accepted the penalty decisions of the supervisory authorities, consciously accepted the supervision of various supervisory authorities, corporate clients, and all parties in society, carried out comprehensive rectification as required, and organized deep reflection throughout the firm.