Investors who have suffered losses can register their claims against the company on the SINA Investor Rights Protection Platform. The platform is accessible through various channels including the official SINA Finance website and mobile application.

Recent developments indicate that Jiangxi Mubang High-Tech Co., Ltd. (referred to as "Mubang High-Tech") has received an "Advance Notice of Administrative Penalty" from the Jiangxi Securities Regulatory Bureau. Legal counsel reminds investors who purchased and held shares between April 27, 2024, and July 25, 2025, regardless of whether they sold their holdings after July 26, 2025, that they may voluntarily register claims through the designated platform.

The case originated on July 25, 2025, when Mubang High-Tech received a "Case Initiation Notice" from the China Securities Regulatory Commission (CSRC). The company was placed under investigation for suspected violations involving false financial disclosures in periodic reports such as annual reports.

On September 29, 2025, Mr. Liao Zhiyuan, the actual controller of Mubang High-Tech, received a separate "Case Initiation Notice" from the CSRC for alleged failure to disclose non-operating fund transactions as required.

Subsequently, on February 27, 2026, Mubang High-Tech and related parties received the "Advance Notice of Administrative Penalty" from the Jiangxi Securities Regulatory Bureau. The notice confirmed the company's violations in information disclosure, specifically: (1) false records in periodic reports and non-public offering documents; and (2) failure to disclose related-party transactions as required.

The investor protection team emphasizes that as Mubang High-Tech currently faces administrative penalties for information disclosure violations, affected investors are encouraged to register claims through the official platform.

Eligibility criteria for claim registration: Investors who purchased and held Mubang High-Tech shares between April 27, 2024, and July 25, 2025, irrespective of whether they sold their positions after July 26, 2025.

The specific compensation scope will be determined by judicial authorities.