Shanghai Stock Exchange: Imposes regulatory warning on Tian Tong shares and relevant responsible individuals.

On April 3, the Shanghai Stock Exchange issued a decision to issue a regulatory warning to Tian Tong Holdings Co., Ltd. and relevant responsible individuals: the company's related party transactions did not follow the approval procedures and disclosure obligations, the violation lasted for a long time, and despite multiple regulatory reminders, there were still violations in information disclosure, violating relevant provisions such as Article 1.4, Article 2.1.1, Article 6.3.1, and Article 6.3.6 of the Shanghai Stock Exchange Listing Rules. As for responsible individuals, the former chairman Pan Jianqing, former chairman Zheng Xiaobin, former general manager Pan Zhengqiang, former finance director Lu Yun, and former board secretary Feng Yanqing were not diligent and responsible, and bear primary responsibility for the above violations. The Shanghai Stock Exchange decided to issue a regulatory warning to Tian Tong Holdings Co., Ltd. and former chairman Pan Jianqing, former chairman Zheng Xiaobin, former general manager Pan Zhengqiang, former finance director Lu Yun, and former board secretary Feng Yanqing.