Zhitong Finance App News, Guangfa Securities (01776) issued an announcement. As disclosed in the previous announcement, the company, as the sponsor and lead underwriter of the initial public offering of shares of Suzhou Qingyue Optoelectronics Technology Co., Ltd. (Qingyue Technology, whose shares are listed on the Science and Technology Innovation Board) and listed on the Science and Technology Innovation Board, the board of directors reviewed and agreed on May 8, 2026. If Qingyue Technology is determined by the China Securities Regulatory Commission to be administratively punished for fraudulent issuance, misrepresentation, or other major illegal acts, the company will take the initiative to take advance compensation measures, including joint with relevant parties Invest in the establishment of a special fund for advance payment, and authorize management to handle specific related matters.
The company learned that on October 15, 2026, Qingyue Technology announced that it had received the China Securities Regulatory Commission's “Administrative Penalty Decision” ([2026] No. 57), and that it was administratively punished by the China Securities Regulatory Commission for fraudulent issuance and illegal information disclosure (Qingyue Technology Incident).
In order to protect the legitimate rights and interests of investors and maintain the stability of the securities market, the company, together with Qingyue Technology's auditing agency Lixin Certified Public Accountants (Special General Partnership) (Lixin Firm) and Mr. Gao Yudi, the actual controller of Qingyue Technology, officially established a Qingyue Technology Incident Advance Payment Special Fund to first pay off investment losses suffered by eligible investors due to the Qingyue Technology Incident. The investment scale for the establishment of the special fund was RMB 370 million. If the compensation amount of eligible investors who have completed a valid declaration is higher than the above amount, the company, Lixin, and Mr. Gao Yudi will promptly fund the balance. After the payment is paid, the company and Lixin will obtain the right of qualified investors to claim compensation for falsely stated losses against the party responsible in connection with the Qingyue technology incident in accordance with the law.