Jiaotong University announced that in July 2025, the company was filed by the Securities Regulatory Commission on suspicion of illegal information disclosure violations. On July 31, 2026, the “Advance Notice of Administrative Penalties” was received from the Shanghai Supervisory Authority. The company's 2023 accounting error correction notice and 2024 annual report contained false records. It is intended to order the company to make corrections and warnings, and impose a fine of 4 million yuan; Ji Lin, Ji Min, and Cao Yi were warned separately, and fined 2 million yuan, 1 million yuan, and 1 million yuan. Other risk warnings will be applied to the company's shares, but no major illegal forced delisting situations have been touched upon.

Jiaotong University announced that in July 2025, the company was filed by the Securities Regulatory Commission on suspicion of illegal information disclosure violations. On July 31, 2026, the “Advance Notice of Administrative Penalties” was received from the Shanghai Supervisory Authority. The company's 2023 accounting error correction notice and 2024 annual report contained false records. It is intended to order the company to make corrections and warnings, and impose a fine of 4 million yuan; Ji Lin, Ji Min, and Cao Yi were warned separately, and fined 2 million yuan, 1 million yuan, and 1 million yuan. Other risk warnings will be applied to the company's shares, but no major illegal forced delisting situations have been touched upon.