Shanghai Challenge Textile announced that Mr. Zhang Xiao, the spouse of supervisor Hu Jing, engaged in short-term trading of the company's stocks through centralized bidding from June to July 2024. The transaction involved 2300 shares and resulted in a loss of CNY 460. The company attaches great importance to this matter, and Ms. Hu Jing and her spouse have actively cooperated and voluntarily rectified the issue. Mr. Zhang Xiao deeply recognizes the seriousness of the problem, apologizes to investors, and promises to strictly abide by relevant regulations in the future. The company will further strengthen supervision and management of relevant personnel and their relatives to prevent similar incidents from happening again.
嘉麟杰：监事亲属短线交易致歉
Shanghai Challenge Textile: Apologize for short-term trading by supervisor's relative.
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