The company did not timely disclose the reasons and follow-up plans for not completing the fundraising project on schedule and did not timely perform the decision-making process with respect to the extension of the fundraising project, which may affect the reasonable expectations of investors. Such behavior violates relevant regulations. Wu Hongyue, the then company secretary, failed to perform his duties diligently and was responsible for the company's above-mentioned violations, which violated relevant regulations and commitments made in the Director (Supervisor, Senior Management) Statement and Commitment Letter. The Shanghai Stock Exchange has decided on the following supervisory measures: warning the company and its then board secretary, Wu Hongyue.
未及时披露未按期完成募投项目原因及后续计划措施等，力鼎光电及时任董秘吴泓越遭上交所监管警示
Xiamen Leading Optics' timely company secretary, Wu Hongyue, was warned by the Shanghai Stock Exchange for not timely disclosing the reasons and follow-up plans for not completing the fundraising project on time.
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