Luoyang Xinqianglian Slewing Bearing announced that the company and the responsible persons Xiao Zhengqiang and Kou Congmei have received the decision document issued by the Henan Securities Regulatory Bureau regarding the "Measures for Issuing Warning Letters to Luoyang Xinqianglian Slewing Bearing Co., Ltd. and Related Responsible Personnel." The decision document pointed out that there are issues in the company where certain directors did not abstain from voting during the Board of Directors’ review of related proposals and irregularities in the registration management of insiders. Xiao Zhengqiang, as the chairman of the company, and Kou Congmei, as the secretary of the Board of Directors, bear primary responsibility for the aforementioned matters. The Henan Securities Regulatory Bureau decided to issue warning letters as administrative supervision measures to the company, Xiao Zhengqiang, and Kou Congmei, and to record this in the integrity archives of the securities futures market. The company will earnestly learn from the lessons, strengthen the study of securities laws and regulations, and further improve the company's standardized operation level and the quality of information disclosure.