On December 5, gelonhui reported that on December 4, 2024, Ms. Cao Peifeng, the actual controller, received the "Notice of Administrative Penalty Pre-notification" (Zhe Punishment Word [2024] No. 30) issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. The relevant content is now announced as follows:

Ms. Cao Peifeng is suspected of insider trading and short-term trading in the stocks of Yongjin Technology Group Co., Ltd. (formerly Zhejiang Yongjin Metal Technology Co., Ltd., hereinafter referred to as Yongjin Technology Group or the Company). Our bureau has completed the investigation into this case, and we intend to impose administrative penalties on you in accordance with the law.