Xiamen Jihong Co., Ltd. (JIHONG CO) disclosed that it and four current or former executives have received a “Prior Notice of Disciplinary Action” from the Shenzhen Stock Exchange (SZSE).

• Reason for action: SZSE alleges the company failed to complete required review procedures for related-party transactions and did not meet timely information-disclosure obligations, breaching the SZSE Stock Listing Rules (2025 Revision). • Intended penalty: Public censure of both the company and the individuals concerned—Chairwoman and Executive Director Ms. Zhuang Hao, Executive Director Mr. Lu Tashan, former Executive Director Mr. Wang Yapeng and former Board Secretary Mr. Zhang Luping. • Timeline: The notice was dated 24 June 2026, following an earlier regulatory decision issued by the Xiamen office of the China Securities Regulatory Commission on 29 May 2026.

Board position: After review, the board (excluding Ms. Zhuang and Mr. Lu) determined the lapses stemmed from company-level negligence rather than any failure by the two serving executives to perform their duties. It supports their continued roles as executive directors.

Additional disclosures: Ms. Zhuang and Mr. Lu confirmed there is no further information requiring disclosure under Hong Kong Listing Rules 13.51(2)(h)-(v) and no additional matters needing shareholder attention.

Board composition (as of the announcement date): – Executive directors: Ms. Zhuang Hao (Chairwoman), Mr. Zhang Heping, Mr. Zhuang Shu, Mr. Lu Tashan – Employee representative director: Ms. Bai Xueting – Independent non-executive directors: Dr. Zhang Guoqing, Professor Alfred Sit Wing Hang, Mr. Tang Yi Hoi, Mr. Cai Qinghui

The company will update shareholders upon receipt of SZSE’s final decision.