Jingcheng Co., Ltd. announced that the holding subsidiary of the company, Qingdao Beiyang Tianqing Digital Intelligence Co., Ltd. received a “Notice of Case Filing” from the China Securities Regulatory Commission. Because Beiyang Tianqing was the subject of the asset restructuring, it is suspected that the information provided during the restructuring process contained false records, misleading statements or major omissions, and the China Securities Regulatory Commission decided to file a case against it. Currently, the company and Beiyang Tianqing are operating normally. The company will urge Beiyang Tianqing to cooperate with relevant investigations, follow the progress of regulatory investigations, and fulfill information disclosure obligations. Investors are kindly requested to pay attention to investment risks.

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