Shenzhen Jufei Optoelectronics announced that the company and relevant personnel have received the administrative regulatory measures decision letter from the Shenzhen Securities Regulatory Bureau. Among them, the company was subjected to corrective administrative regulatory measures due to issues such as irregular management of its own funds, irregular management of raised funds, failure to review and disclose related party joint investments as required, and shortcomings in some internal management systems. At the same time, the chairman and general manager Xing Meizheng, the then general manager Gao Siqing, and board secretary Yu Fang, who bear primary responsibility for the information disclosure issues, were subjected to the administrative regulatory measure of issuing a warning letter.