Fantuo Digital Innovation announced that the company, Wu Suiying, and Duan Yilong received a warning letter from the Guangdong Securities Regulatory Bureau on September 4, 2026. Cash management exceeded the expiration date of the board of directors due to the use of some idle funds raised and was not reviewed by the board of directors. The company has held a board of directors and shareholders' meetings to further review relevant proposals, optimize the approval process, and establish additional internal defense lines.

Fantuo Digital Innovation announced that the company, Wu Suiying, and Duan Yilong received a warning letter from the Guangdong Securities Regulatory Bureau on September 4, 2026. Cash management exceeded the expiration date of the board of directors due to the use of some idle funds raised and was not reviewed by the board of directors. The company has held a board of directors and shareholders' meetings to further review relevant proposals, optimize the approval process, and establish additional internal defense lines.