Zeda Yisheng did not return the idle fund raised funds within the specified period of time

On July 20, 2022, Science and Technology Board Company Zeda Yisheng (688555.SH) issued an announcement on receiving the warning letter from the Tianjin Securities Regulatory Bureau.

After investigation, the company used the decision of the eighteenth meeting of the second company's board of directors on July 5, 2021, and used 100 million yuan of idle funds to temporarily supplement mobile funds. The use period for the aforementioned idle raised funds is no more than 12 months from the date of review and approval of the company's board of directors, but the company has not returned within the prescribed period and violated the "Guidelines for the Supervision of Listed Companies No. 2 -the management and use of funds raised by listed companies -listed companies raised funds and use Article 9 of the Supervision Requirements (Revised in 2022) "(announcement of the CSRC [2022] No. 15).

According to the provisions of Article 170, paragraph 2 of the Securities Law, the Securities Regulatory Bureau decided to take supervision and management measures with a warning letter from the company. The company shall strictly take effective measures to return the raised funds in accordance with laws and regulations, strengthen the management and standardized use of fundraising funds, and effectively safeguard the legitimate rights and interests of listed companies and all investors.

If you are uncomfortable with this supervision and management measures, you can submit an administrative reconsideration application within 60 days from the date of receipt of this decision, or he can file a lawsuit with the people's courts with jurisdiction within 6 months from the date of receiving the decision. During the reconsideration and litigation, the above supervision and management measures are not stopped. "

The company and related responsible persons attach great importance to the problems pointed out in the warning letter, and will learn from this to actively rectify, strengthen the management and standardized use of fundraising funds, effectively strengthen the study of securities laws and regulations, improve the company's standardized operation level, maintain maintenance The interests of the company and all shareholders promote the healthy, stable and sustainable development of the company.

This supervision and management measures will not affect the company's normal operation and management activities. Investors are requested to invest rationally and pay attention to investment risks.

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