According to the Zhitong Finance App, Ruihe Co., Ltd. (002620.SZ) issued an announcement. On November 20, 2023, the company received Decision on Administrative Supervision Measures No. 214 [2023] issued by the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission. The situation is as follows:

On April 18, 2023, the company disclosed the “2022 Annual Performance Forecast Revision Notice”, which drastically revised the 2022 annual performance forecast. After investigation, the main reason for the amendment was irregular accounting of non-recurring profit and loss, which led to inaccurate disclosure of information on the 2022 annual performance forecast, in violation of section 3 (1) of the “Administrative Measures on Information Disclosure of Listed Companies” (Order No. 182 of the Securities Regulatory Commission, same below). The company's chairman Li Jieping, general manager Li Dongyang, and financial director Lin Wangchun are mainly responsible for the above matters. According to the provisions of Article 51 (3) and Article 52 of the “Administrative Measures on Information Disclosure of Listed Companies”, the Shenzhen Regulatory Bureau decided to take administrative supervision measures to issue warning letters on the company, Li Jieping, Li Dongyang, and Lin Wangchun.