Kaisa Jiayun Technology Inc. announced that on July 31, 2024, the company received the "Notice of Prior Administrative Penalty" issued by the Guangdong Regulatory Bureau of the China Securities Regulatory Commission, which stated that the company and Guo Xiaoqun are suspected of violating information disclosure laws and regulations and are subject to punishment by the China Securities Regulatory Commission. It was found that Kaisa Jiayun Technology Inc.'s subsidiary, Shenzhen Jiajie Culture Media Co., Ltd., organized the C-LOUD Music Carnival project in 2021, which resulted in significant losses for Jiajie Culture. Kaisa Jiayun Technology Inc. confirmed on December 14, 2021 that Jiajie Culture had suffered a loss of 68.2479575 million yuan in October 2021, and accumulated losses of 70.63238847 million yuan by the end of October 2021, accounting for 19.56% of Kaisa Jiayun Technology Inc.'s audited net income (-361.04657713 million yuan) in 2020, but Kaisa Jiayun Technology Inc. did not disclose this until April 28, 2022 in its 2021 annual report.
佳云科技：涉嫌信披违法违规 证监会拟处罚公司及郭晓群等
Kaisa Jiayun Technology Inc. is suspected of violating information disclosure laws and regulations, and the China Securities Regulatory Commission intends to punish the company and Guo Xiaoqun, etc.
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