According to the Zhiyang Innovation announcement, Beijing Deheheng Law Firm will verify its compliance in issuing A-shares to specific targets in 2026. The results show that the company has not been investigated or administratively punished by the Securities Regulatory Commission in the last three years due to financial fraud, capital appropriation, or corporate governance issues, nor has there been any major offenses that seriously damage the legitimate rights and interests of investors; the controlling shareholders or actual controllers have not seriously harmed the rights and interests of listed companies or investors in the last three years; the company and current Dong Gao have not been publicly condemned by the exchange in the past year. As of December 31, 2024, the balance of funds raised was 0 yuan, and the fund-raising project has been completed.

According to the Zhiyang Innovation announcement, Beijing Deheheng Law Firm will verify its compliance in issuing A-shares to specific targets in 2026. The results show that the company has not been investigated or administratively punished by the Securities Regulatory Commission in the last three years due to financial fraud, capital appropriation, or corporate governance issues, nor has there been any major offenses that seriously damage the legitimate rights and interests of investors; the controlling shareholders or actual controllers have not seriously harmed the rights and interests of listed companies or investors in the last three years; the company and current Dong Gao have not been publicly condemned by the exchange in the past year. As of December 31, 2024, the balance of funds raised was 0 yuan, and the fund-raising project has been completed.