*Bright Oceans Inter-Telecom Corporation announced that on May 10, 2024, it received a corrective measure decision from the Heilongjiang Securities Regulatory Bureau, requiring the company to collect 0.534 billion yuan of misappropriated funds within six months and clear the remaining balance of misappropriated funds. As of now, the company's controlling shareholder, Yiyang Group, and its related non-operational use of company funds amount to 0.568 billion yuan, with an additional unauthorized guarantee case involving a total principal of 0.56 billion yuan that needs to bear compensation liability. There is currently no specific arrangement in place for the repayment of the above non-operational fund misappropriation and unauthorized guarantee issues by the controlling shareholder. The company anticipates that it will be difficult to complete the rectification before the deadline. The company's stocks may be suspended from trading by the Shanghai Stock Exchange starting from November 11, 2024, with a suspension period not exceeding 2 months. If the rectification is still not completed within two months after the suspension, the Shanghai Stock Exchange will implement a delisting risk warning for the company's stocks. If the rectification is still not completed within two months thereafter, the Shanghai Stock Exchange will decide to terminate the listing of the company's stocks.