*ST Dynamics announced that the company was previously investigated for suspected information disclosure violations, and received the “Administrative Penalty Decision” from the Hebei Regulatory Bureau on October 16, 2026. The Hebei Supervisory Authority decided to order corrections, give warnings, and fine the company 5 million yuan; to fine Mao Fengli, Mao Junliang, Cheng Fangfang, Zhang Meng, and Zong Ran, respectively; and to ban Mao Junliang and Cheng Fangfang from entering the securities market for 4 years. The company said it did not touch on major illegal forced delisting situations.

*ST Dynamics announced that the company was previously investigated for suspected information disclosure violations, and received the “Administrative Penalty Decision” from the Hebei Regulatory Bureau on October 16, 2026. The Hebei Supervisory Authority decided to order corrections, give warnings, and fine the company 5 million yuan; to fine Mao Fengli, Mao Junliang, Cheng Fangfang, Zhang Meng, and Zong Ran, respectively; and to ban Mao Junliang and Cheng Fangfang from entering the securities market for 4 years. The company said it did not touch on major illegal forced delisting situations.