On January 13, 2026, the Shanghai Stock Exchange (SSE) announced its decision to issue a regulatory warning to China Electronics Technology Group Digital Technology Co., Ltd., along with its then-Board Secretary, Hou Zhiping. In light of the market's keen interest in concepts like "commercial aerospace," "satellites," and "AI applications," it is imperative for companies to exercise utmost caution, precision, and thoroughness in their information disclosures, ensuring that all potential risks are duly highlighted. However, the information disclosed by the company during investor relations activities did not accurately portray the development stages, sales volumes, or the overall impact of its satellite communication and AI products on the company's operations. Furthermore, it failed to adequately emphasize the risks and uncertainties associated with the future development of these products. This inaccurate and incomplete disclosure had the potential to mislead investors and constituted a breach of relevant regulatory provisions. The then-Board Secretary, Hou Zhiping, neglected to perform his duties with due diligence and was held accountable for the company's regulatory violations (The term 'violation' is used here to maintain grammatical consistency; however, in practical application, 'violations' can be used if referring to multiple infractions).
