ST Mu Bang: Due to suspected illegal activities such as false disclosure of financial data in the annual report and other periodic reports, the company has been fined 7 million yuan.

ST Mubang Announcement: The company and related parties have received the "Administrative Penalty Decision" issued by the Jiangxi Securities Regulatory Bureau. Due to the company's involvement in illegal activities such as false disclosure of financial data in annual reports and other regular reports, the company has been fined 7 million yuan. The actual controller of the company, Liao Zhiyuan, has been fined 8 million yuan for suspected failure to disclose non-operating fund transactions as required.