Guao Technology announced that Donggao Technology, a holding subsidiary, received a notice of administrative supervision measures issued by the Guangdong Regulatory Bureau of the China Securities Regulatory Commission. After investigation, Donggao Technology committed the following irregularities: first, new customers were added during the period when measures were ordered to suspend new customers, second, there were situations where profits were implied in the process of business promotion and investment services, and third, it did not sign securities investment advisory agreements with customers in providing securities investment advisory services. The Guangdong Securities Regulatory Bureau plans to order Dongtech to suspend the addition of new customers for 6 months. This time, Dongtech has been suspended for 6 months to supervise new customers. The rectification period will have a great impact on the company's operating performance in that year.