Hongbo Co., Ltd. received a letter of concern from the Shenzhen Stock Exchange due to significant differences in the revised announcement of the company's performance forecast from the original performance forecast and changes in the nature of profit and loss, which is suspected of violating relevant regulations. The Shenzhen Stock Exchange will then initiate disciplinary proceedings against the company and related parties. The company announced on the same day that due to the “changing face” of its performance, the company and relevant personnel received a warning letter from the Fujian Securities Regulatory Bureau. The Fujian Securities Regulatory Bureau decided to take administrative supervision measures to issue warning letters against Ni Hui, the chairman of Hongbo Co., Ltd. and the financial director Pu Wei, and record them in the securities and futures market integrity file database.