Ingenic (688209.SH) released an announcement indicating that, due to unlawful information disclosure, the company was issued a notice by the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission on March 17, 2026. An investigation found that on January 6, 2026, the company made a misleading statement regarding a brain-computer interface chip on an interactive platform, which resulted in abnormal fluctuations in its stock price. The technological approach for the product claimed by the company significantly diverges from those used internationally. Moreover, the 'IPA1299 chip' has not yet achieved significant sales or generated any revenue, which contradicts the information provided in the company's response. Consequently, the regulatory bureau plans to issue a warning to the company and impose a fine of RMB 4 million. Additionally, director Chen Xin, chairman Huang Hongwei, and board secretary Wu Renchao will face fines of RMB 2.1 million, RMB 1.1 million, and RMB 800,000, respectively.