On December 5, the Shanghai Stock Exchange issued a decision to supervise and warn those responsible for Shenzhen Daotong Technology Co., Ltd. The company had issues such as not disclosing the consistent action relationship between Li Hong and Xuanyuan Kexin Private Equity Investment Fund No. 46 among the top ten shareholders, and that the shareholders' meeting documents did not record the review process and key points of speech. In response to the above irregularities, the Shanghai Stock Exchange has issued disciplinary decisions against the company and some of those responsible. In terms of other responsible persons, Fang Wenbin, then secretary of the board of directors of the company, was not diligent and conscientious, and was responsible for the company's related irregularities during his term of office. The Shanghai Stock Exchange decided to supervise and warn Fang Wenbin, then secretary of the board of directors of Shenzhen Daotong Technology Co., Ltd.

On December 5, the Shanghai Stock Exchange issued a decision to supervise and warn those responsible for Shenzhen Daotong Technology Co., Ltd. The company had issues such as not disclosing the consistent action relationship between Li Hong and Xuanyuan Kexin Private Equity Investment Fund No. 46 among the top ten shareholders, and that the shareholders' meeting documents did not record the review process and key points of speech. In response to the above irregularities, the Shanghai Stock Exchange has issued disciplinary decisions against the company and some of those responsible. In terms of other responsible persons, Fang Wenbin, then secretary of the board of directors of the company, was not diligent and conscientious, and was responsible for the company's related irregularities during his term of office. The Shanghai Stock Exchange decided to supervise and warn Fang Wenbin, then secretary of the board of directors of Shenzhen Daotong Technology Co., Ltd.