The Shanghai Stock Exchange (SSE) has determined that Dingxin Communication provided responses to investors on the SSE E-Interaction platform, claiming that it had entered into a comprehensive technology licensing agreement with Hangzhou T-Head Semiconductor Co., Ltd. Following the dissemination of this news, the company's stock price soared to the daily limit at the market opening on September 19. T-Head, a semiconductor firm wholly owned by Alibaba Group, has drawn considerable market interest due to its computing power chip business. Nevertheless, Dingxin Communication failed to accurately disclose pertinent details regarding the matter in its response. This led to the dissemination of inaccurate information and inadequate risk warnings, potentially misleading investors. Consequently, the SSE has issued a regulatory warning to Qingdao Dingxin Communication Co., Ltd. and its then-board secretary, Hu Sixiang.