The Hong Kong Stock Exchange issued a statement criticizing tenfu (Cayman) Holdings Limited (06868.HK) non-executive director Zeng Mingshun; and further instructed Mr. Zeng to complete training. In December 2023, Zeng Mingshun was authorized to represent the company to purchase company shares under the company's share buyback plan. At the same time, he also agreed to represent the company's two major shareholders in purchasing company shares. During December 2023, Zeng Mingshun made multiple share purchases on behalf of the company and the major shareholders. His dual role created a conflict of interest, but he did not disclose to the company that he was also trading shares on behalf of the major shareholders. Regardless of whether Mr. Zeng received any benefits from the major shareholders, he should take measures to avoid or properly handle the conflict.