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horizonforbiddenwestcrashingps5| He Jing, elected chairman of the board of directors, and *ST Yue Bo received warning letter by concealing information about "Lao Lai"

April 20thHorizonforbiddenwestcrashingps5ST Yuebo announced that the company recently received the Jiangsu Securities Regulatory Bureau (hereinafter referred to as Jiangsu Securities Regulatory Bureau) of the China Securities Regulatory Commission (hereinafter referred to as Jiangsu Securities Regulatory Bureau). Decision of Jiangsu Securities Regulatory Bureau on taking warning letter measures against Nanjing Yuebo Power system Co., Ltd., he Jing.

It is reported that on October 11, 2023, the Shanghai Pudong New area people's Court refused to perform its obligations under the effective legal documents because he Jing was able to perform, identified he Jing as a person who broke his promise and took measures to restrict consumption. * the statement in the announcement on the appointment of General Manager of the Company disclosed by ST on December 22, 2023 and the announcement on the by-election of the third Board of Directors of the Company on December 26, 2023 that he Jing is not the person to be executed in breach of trust is not true.

In this regard, Jiangsu Securities Regulatory Bureau believes that the above actions of * ST Yuebo violated the relevant regulations. As a candidate for chairman and general manager of the company, he Jing failed to truthfully provide his resume to the company, which led to the above violations of the company. After he Jing was elected chairman, general manager and acting secretary of the board of directors, he Jing did not correct the above-mentioned untrue information in time, and was directly responsible for the above-mentioned information disclosure violations. Violate the relevant regulations.

Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures to issue warning letters to both of them, which should be recorded in the integrity files of the securities and futures market. Jiangsu Securities Regulatory Bureau requires both of them to seriously learn lessons, strengthen their study of securities laws and regulations, earnestly fulfill their obligations of information disclosure, prevent such incidents from happening again, and submit a written report to them within 10 working days from the date of receipt of this decision.

On the morning of April 20, the Shenzhen Stock Exchange sent a supervision letter to * ST Yue Bo and he Jing, believing that the actions of * ST Yue Bo and he Jing violated the relevant regulations, and he Jing was directly responsible for the above violations. Shenzhen Stock Exchange requires * ST board of directors to pay full attention to the above issues, all board supervisors and senior staff to learn lessons, timely rectification and reform, to prevent the recurrence of the above problems.