Suzhou Zhaorong, shareholder of Fujirui (688272.SH), received a warning letter from the Beijing Securities Regulatory Bureau

Zhitong Finance App News, Fujirui (688272.SH) announced that the company's shareholder Suzhou Zhaorong Aerospace Venture Capital Partnership (Limited Partnership) (Suzhou Zhaorong) recently received the “Decision on Issuing Warning Measures against Suzhou Zhaorong Aerospace Venture Capital Partnership (Limited Partnership)” ([2024] No. 259) issued by the Beijing Regulatory Bureau of the China Securities Regulatory Commission. The relevant information is now announced as follows:

Suzhou Zhaorong Aerospace Venture Capital Partnership (Limited Partnership): After investigation, your company, as a concerted actor of the shareholders holding 5% or more of Beijing Fujirui Optoelectronics Technology Co., Ltd., reduced its holdings of the company's shares by 1 million shares through centralized bidding transactions and bulk transactions between May 10 and August 9, 2024, accounting for 1.32% of the company's total share capital, exceeding the original plan to reduce holdings by 242,000 shares, accounting for 0.32% of the company's total share capital. Your company did not disclose the holdings reduction plan in advance 15 trading days prior to the holdings reduction in accordance with the regulations until August 13, 2024 for the amount of holdings reduction exceeding the original plan. The above acts violate the relevant provisions of Article 36 of the Securities Law and Sections 9 and 20 of the “Interim Measures on the Administration of Shareholders' Reduction in Shareholdings of Listed Companies”.

According to the provisions of Article 29 of the “Interim Measures on the Administration of Shareholders' Shareholdings Reduction in Listed Companies”, administrative supervision measures have now been taken to issue a warning letter against your enterprise and included in the securities and futures market integrity file. Your enterprise must abide by capital market laws and regulations, effectively fulfill information disclosure obligations, and put an end to illegal transactions.