leysen jewellery inc. announced that on September 30, 2024, the company received a decision issued by the Jiangsu Securities Regulatory Bureau regarding the issuance of a warning letter to leysen jewellery inc., Ma Jun, Zhuang Ou, Liu Jin, and Cao Ying. The decision pointed out that there were inaccuracies in the financial information disclosure in the company's 2022 annual report, including issues related to inventory accounting and accounting estimates for return of goods in the franchising business. Additionally, the company did not timely disclose the incomplete implementation of the shareholder equity transfer agreement, leading to inadequate disclosure of significant developments and insufficient risk disclosure.