Zhitong Finance App News, *ST Yuancheng (600766.SH) announced that on November 13, 2023, the company received the “Decision on Administrative Supervision Measures” issued by the Shandong Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as the “Shandong Regulatory Bureau”), and the Shandong Regulatory Bureau decided to issue a warning letter against the company's relevant responsible personnel.

After investigation, the company had the following irregularities: inaccurate disclosure of information related to the 2022 financial report, untimely and inaccurate disclosure of information related to delisting risks, and other information disclosure issues (first, incomplete disclosure of some information, and second, undisclosed that controlling shareholders used their shares to carry out securities financing business matters).

According to reports, the above actions of the company violated relevant regulations, and Xu Chengyi, as the company's then chairman and general manager, was mainly responsible for the above irregularities; Guo Changzhen, as the then financial director, was mainly responsible for the 2022 financial report information disclosure irregularities and information disclosure violations related to delisting risks; Mou Saiying, as the then secretary of the board of directors, was mainly responsible for the information disclosure irregularities in the interim report during his tenure (June 30, 2020 to May 16, 2022); Cui Cuiping, as then secretary of the board of directors, was mainly responsible for the information disclosure irregularities in the interim report during his tenure (June 30, 2020 to May 16, 2022); Cui Cuiping, as the then secretary of the board of directors, was mainly responsible for the period of his tenure (August 19, 2022 to August 19, 2022) The interim report on (June 19, 2023) bears primary responsibility for information disclosure violations. The Shandong Regulatory Bureau decided to take supervisory and administrative measures to issue warning letters against the company and Xu Chengyi, Guo Changzhen, Mou Saiying, and Cui Cuiping.