According to the Zhitong Finance App, CITIC Construction Investment (601066.SH) announced that the company, as the sponsor and lead underwriter of Guangdong Amethyst Information Storage Technology Co., Ltd. (“Amethyst Storage”, 688086.SH), held a board meeting on April 21, 2023 to deliberate and pass the “Proposal on the Proposed Establishment of a Special Fund for Advance Payment of the Amethyst Storage Incident and Application for the Application of the Commitment System for Administrative Enforcement of Securities and Futures”. For example, Amethyst Storage was found to be administratively punished by the China Securities Regulatory Commission for fraudulent issuance and information disclosure violations. Jointly fund the establishment of an Amethyst Storage Incident Advance Compensation Fund to pay off investment losses to eligible investors in advance, and apply to the China Securities Regulatory Commission for the application of the securities and futures administrative enforcement party commitment system.

On April 21, 2023, Amethyst Storage received the “Administrative Penalty Decision” from the China Securities Regulatory Commission. It was administratively punished by the China Securities Regulatory Commission for fraudulent issuance and illegal disclosure of information. According to the above situation, the company and other intermediaries plan to jointly invest RMB 1 billion to set up a special fund for early payment of the amethyst storage incident. The above amount is the result of the company's preliminary estimates, and the fund size will be adjusted according to the final calculation of loss compensation for qualified investors. CITIC Construction Investment will entrust China Securities Investor Protection Fund Co., Ltd. as the fund manager, which will be responsible for the management and operation of the special fund for advance payment, negotiate with the manager to determine the custodian bank, and the custodian bank will independently keep the fund's assets.