Zhitong Finance App News, Chaozhuo Aviation Technology (688237.SH) issued an announcement. The company received the “Notice of Case Filing” (No. 0052023028) issued by the China Securities Regulatory Commission on November 17, 2023. The China Securities Regulatory Commission decided to open an investigation against the company due to illegal acts such as unauthorized changes in the use of funds raised by the Company. According to the “Securities Law of the People's Republic of China”, “Administrative Penalty Law of the People's Republic of China” and other laws and regulations. The company received the “Advance Notice of Administrative Penalty” ([2024] No. 69) issued by the China Securities Regulatory Commission on May 22, 2024.

After investigation, the facts on which Chaozhuo Aviation Technology and related personnel are suspected of breaking the law are as follows: 1. Chaozhuo Aviation Co., Ltd. is suspected of not truthfully disclosing the storage and actual use of funds raised by the company; Li Guangping, then chairman and financial director, and Li Yihan, then general manager, were responsible for the company's operation and management; Wang Shiwen, then secretary of the board of directors, was responsible for the company's information disclosure work. Wang Shiwen knew or should have really known about the storage and actual use of the above funds. accuracy, They bear the main responsibility for completeness, timeliness, and fairness, and are directly responsible supervisors. Jiang Qi, then president of Chaozhuo Aviation Technology Empowerment Section, general manager of Chaozhuo Aviation Technology Investment, and general manager of Shanghai Chaozhuo, was responsible for the investment and financial management of idle funds raised. Jiang Qi knew or should have known about the storage and actual use of these funds, and was the other person directly responsible.

2. Chaozhuo Aviation Technology is suspected of not disclosing information on the company's bank deposits transferred in a timely manner. In response to Chaozhuo Aviation's illegal act of not promptly disclosing information on the company's bank deposits, Li Guangping, then general manager Li Yihan, and Wang Shiwen, then secretary of the board of directors, learned about the fact that the company's deposits were transferred by the bank on October 8, 2023, but ignored the timeliness requirements of the company's information disclosure, causing the company to delay disclosure of the relevant situation.

In response, the China Securities Regulatory Commission plans to decide: 1. Give a warning to Hubei Chaozhuo Aviation Technology Co., Ltd. and fine 1.5 million yuan; 2. Give a warning to Li Guangping, Li Yihan, and Wang Shiwen, and fine 700,000 yuan each; 3. Give a warning to Jiang Qi and impose a fine of 500,000 yuan.