After investigation, Beijing Tianyi Shangjia High-tech Materials Co., Ltd. used idle raised capital of 300 million yuan to temporarily supplement working capital. It expired on May 13, 2026, and failed to be returned to the fund-raising account as scheduled. The above acts violate the relevant provisions of Article 13 of the “Rules for the Supervision of Capital Raising by Listed Companies”. Chairman Wu Peifang, general manager Yang Kailin, and financial director Hou Yubo violated the relevant provisions of section 6 of the “Regulations on the Supervision of Funds Raised by Listed Companies” and are responsible for the company's irregularities. According to the provisions of Article 170 (2) of the Securities Law, our bureau has decided to take administrative supervision measures to order corrections against your company, Wu Peifang, Yang Kailin, and Hou Yubo, and record them in the securities and futures market integrity file. Your company and relevant responsible persons shall actively take measures to return the funds raised in accordance with the requirements of relevant laws and regulations, complete the rectification and submit a written rectification report to our bureau within three months from the date of receipt of this decision.

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