Suzhou Chunxing Precision Mechanical announced that the controlling shareholder Sun Jiexiao and its affiliate Suzhou Industrial Park Carnieont Technology Co., Ltd. received a "Decision" issued by the Jiangsu Securities Regulatory Bureau. According to the content of the "Decision", the overdue behavior of Sun Jiexiao and Carnieont Technology in failing to make timely payment of the equity transfer and related payments constitutes a violation of the commitment. The Jiangsu Securities Regulatory Bureau has taken regulatory measures to order Sun Jiexiao and Carnieont Technology to make corrections, and will record the relevant situation in the integrity file of the securities and futures market. The controlling shareholder and its affiliates will actively promote the fulfillment of the commitment and earnestly carry out rectification. This administrative regulatory measure will not affect the company's normal production and operation management activities.