Kaisheng Xinneng announced that the company received a decision on administrative supervision measures from the Henan Securities Regulatory Bureau. Due to the cumulative litigation and arbitration amount of 333 million yuan over 12 consecutive months, reaching 10.73% of the absolute value of the most recent audited net assets, it was delayed until June 29, 2026. The company has completed comprehensive self-inspection and rectification, drawn up and issued a list of case information reporting notices and internal reports on important information, and carried out special training.

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