*ST Digital Source announced that the company and related parties received the “Advance Notice of Administrative Penalties” from the Zhejiang Securities Regulatory Bureau. After investigation, the company passed false video and audio business, false trade business, misuse of the Total Amount Act in trade business, and false project consulting service business, resulting in false records in the 2020 Annual Report, 2021 Annual Report, and 2022 Semi-Annual Report. The Zhejiang Securities Regulatory Bureau plans to order the company to make corrections, give a warning, and impose a fine of 8 million yuan; give a warning and fine of 500,000 to 4 million yuan to the six responsible persons, including Zhang Guojing. At the same time, it plans to ban Zhang Guojing from entering the securities market for 8 years. The company determined that no major illegal forced delisting situation had been touched upon, and the final penalty results were subject to the formal decision.

*ST Digital Source announced that the company and related parties received the “Advance Notice of Administrative Penalties” from the Zhejiang Securities Regulatory Bureau. After investigation, the company passed false video and audio business, false trade business, misuse of the Total Amount Act in trade business, and false project consulting service business, resulting in false records in the 2020 Annual Report, 2021 Annual Report, and 2022 Semi-Annual Report. The Zhejiang Securities Regulatory Bureau plans to order the company to make corrections, give a warning, and impose a fine of 8 million yuan; give a warning and fine of 500,000 to 4 million yuan to the six responsible persons, including Zhang Guojing. At the same time, it plans to ban Zhang Guojing from entering the securities market for 8 years. The company determined that no major illegal forced delisting situation had been touched upon, and the final penalty results were subject to the formal decision.