Zhejiang Renzhi announced that the company and relevant personnel recently received the "Administrative Penalty Decision". According to the "Administrative Penalty Decision", Zhejiang Renzhi did not disclose in a timely manner the relationship and related transactions with Hongbo Zhongyi, Runhe New Materials, and Yipin New Energy as required, and did not disclose in the 2020 interim report, 2020 annual report, and 2021 interim report, was ordered to make corrections, given a warning, and fined 4 million yuan.
仁智股份：收到行政处罚决定书
Zhejiang Renzhi: Received an administrative penalty decision.
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