On December 5, Gelunhui announced that on December 4, 2024, Ms. Cao Peifeng, the actual controller, received the "Notice of Administrative Penalty Informed in Advance" (Zhejiang Penalty No. [2024] 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, short-term trading Yongjin Technology Group Co., Ltd. (formerly Zhejiang Yongjin Metal Technology Co., Ltd., hereinafter referred to as Yongjin Technology Group or the company) stock case, our bureau has completed the investigation, our bureau intends to impose administrative penalties on you in accordance with the law.
