Hainan Development Notice. The company recently received a warning letter from the Shenzhen Securities Regulatory Bureau. After investigation, the company had irregularities in financial accounting, including irregular preparations for impairment of non-current assets, fixed assets, other accounts receivable, and contract assets, unreasonable accounting methods for curtain wall engineering business performance progress, and inaccurate confirmation of sales revenue for some businesses; at the same time, there were irregular corporate governance situations, including irregular shareholders' meeting records, irregular management of insider information insider registration, inadequate implementation of the voting system for related parties, and irregular audit committee meetings. Yang Xiaoqiang, chairman of the company, Ma Jun, general manager and Chairman of the Board, Qi Shengbiao, financial director, and Zhou Jun, secretary of the board of directors, bear the main responsibility for the above issues. The Shenzhen Securities Regulatory Bureau decided to take supervisory measures against the company and the four people mentioned above by issuing a warning letter. This matter will not lead to early error correction or retroactive adjustments, and will not affect the company's daily production and operation.

Hainan Development Notice. The company recently received a warning letter from the Shenzhen Securities Regulatory Bureau. After investigation, the company had irregularities in financial accounting, including irregular preparations for impairment of non-current assets, fixed assets, other accounts receivable, and contract assets, unreasonable accounting methods for curtain wall engineering business performance progress, and inaccurate confirmation of sales revenue for some businesses; at the same time, there were irregular corporate governance situations, including irregular shareholders' meeting records, irregular management of insider information insider registration, inadequate implementation of the voting system for related parties, and irregular audit committee meetings. Yang Xiaoqiang, chairman of the company, Ma Jun, general manager and Chairman of the Board, Qi Shengbiao, financial director, and Zhou Jun, secretary of the board of directors, bear the main responsibility for the above issues. The Shenzhen Securities Regulatory Bureau decided to take supervisory measures against the company and the four people mentioned above by issuing a warning letter. This matter will not lead to early error correction or retroactive adjustments, and will not affect the company's daily production and operation.