According to the Zhitong Finance APP, Yongjin Technology Group (603995.SH) announced that on December 4, 2024, the actual controller Cao Peifeng received a "Notice of Administrative Penalty Advance" (Zhejiang Penalty No. [2024] 30) issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission. Due to suspected insider trading and short-term trading, the Zhejiang Regulatory Bureau intends to instruct Cao Peifeng to handle the illegally held securities according to law, give Cao Peifeng a warning, confiscate illegal gains of 0.5492 million yuan, and impose a fine of 5.8458 million yuan.