ST Jiayuan announced that on October 16, 2026, the company received the “Administrative Penalty Decision” from the China Securities Regulatory Commission. The company was ordered to make corrections, give warnings, and be fined 6 million yuan; Wang Jin, Zhu Weihua, Liu Xu, and Yin Mingjun were fined 3 million yuan, 2 million yuan, and 1.5 million yuan respectively due to illegal disclosure of information. The penalty determined that there were false records in the company's “Prospectus” for 2019 and 2020 financial data and the contents of the 2021 and 2022 annual reports, and the company determined that the relevant actions affected other risk warning situations where stock trading was carried out.

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