ST Kinbi: Hanfei Investment Performance Commitment Party Receives Administrative Supervision Measures Decision of Guangdong Securities Regulatory Bureau

*ST Jinbi announced that the company's subsidiary Hanfei Investment's performance commitment party, Guangzhou Wenmei Enterprise Management Consulting Partnership Enterprise and Huang Bidding, received the "Administrative Supervision Measures Decision" from the Guangdong Securities Regulatory Bureau for failing to timely fulfill the performance compensation commitments. Upon investigation, Hanfei Investment's net profit from 2021 to 2024 did not meet the promised standards, resulting in a violation of commitment behavior. The Guangdong Securities Regulatory Bureau decided to take regulatory measures requiring Guangzhou Wenmei and Huang Bidding to make corrections and submit a rectification report within 30 days and also copy it to the Shenzhen Stock Exchange.