Jingcheng Machinery Electric Co., Ltd. (HK: 00187) disclosed on September 18, 2026, that its controlling subsidiary, Qingdao Beiyang Tianqing Digital Intelligence Co., Ltd., has received a formal case filing notice from the China Securities Regulatory Commission (CSRC). The notice, designated as investigation reference number 0392026058, marks the commencement of an official regulatory inquiry into the subsidiary's activities.

The CSRC's decision to initiate proceedings stems from allegations that Beiyang Tianqing, acting as the target asset in a restructuring transaction, may have provided information containing false records, misleading statements, or material omissions during the restructuring process. This action is taken in accordance with the Securities Law of the People's Republic of China and the Administrative Penalties Law of the People's Republic of China, among other applicable regulations.

At present, both the company and its subsidiary Beiyang Tianqing are maintaining normal operational conditions. Jingcheng Machinery has affirmed its commitment to overseeing Beiyang Tianqing's full cooperation with the CSRC's investigation, closely monitoring the progress of the regulatory review, and fulfilling all information disclosure obligations in strict compliance with relevant regulations. Shareholders and potential investors are advised to exercise prudent judgment and remain cognizant of potential investment risks.