Longping Hi-Tech announced that the company received an order from the Hunan Securities Regulatory Bureau to rectify the two undisclosed performance commitments. These issues relate to the failure to disclose the performance commitments of the “Hunan Longping Hi-Tech Cultivated Land Development Co., Ltd. Equity Transfer Supplementary Agreement” and the “Fujian Keli Seed Industry Co., Ltd. Equity Transfer Agreement” in the 2021 to 2024 annual report. The company has fully self-checked and additionally disclosed the relevant content, and will fully disclose it in the annual report. In addition, the company will strengthen the study of regulations, revise the information disclosure management system, strengthen the control of the entire investment process, and prevent credit disclosure risks. At present, the company has completed the rectification.

Longping Hi-Tech announced that the company received an order from the Hunan Securities Regulatory Bureau to rectify the two undisclosed performance commitments. These issues relate to the failure to disclose the performance commitments of the “Hunan Longping Hi-Tech Cultivated Land Development Co., Ltd. Equity Transfer Supplementary Agreement” and the “Fujian Keli Seed Industry Co., Ltd. Equity Transfer Agreement” in the 2021 to 2024 annual report. The company has fully self-checked and additionally disclosed the relevant content, and will fully disclose it in the annual report. In addition, the company will strengthen the study of regulations, revise the information disclosure management system, strengthen the control of the entire investment process, and prevent credit disclosure risks. At present, the company has completed the rectification.