On October 21, reports surfaced indicating that Nanwei Software had been issued a regulatory warning by the Shanghai Stock Exchange. This warning stemmed from the company's inaccurate and incomplete disclosure of information concerning its AI short drama and intelligent computing center operations, which were communicated on its interactive platform and during media interviews. Additionally, the company provided insufficient risk warnings, creating a potential to mislead investors. Zhang Yuan, who served as the board secretary of the company at that time, also received a warning due to her associated responsibilities. The company has been mandated to submit a rectification report within one month to address these issues.
