Qingyue Technology has released an announcement confirming that the company and its relevant personnel have been issued warning letters by the Jiangsu Securities Regulatory Bureau. According to the "Decision of the Jiangsu Securities Regulatory Bureau on Issuing Warning Letters to Suzhou Qingyue Optoelectronics Technology Co., Ltd. and Gao Yudi, Zhang Xiaobo," Qingyue Technology has been found guilty of multiple violations, including improper utilization of raised funds, irregular financial accounting practices in its CTP+OLED product trading business, and the omission of disclosing related-party transactions. These actions are in contravention of pertinent regulations. As the then Chairman and General Manager, Gao Yudi, and the then Secretary of the Board of Directors and Chief Financial Officer, Zhang Xiaobo, bear primary responsibility for the failures in information disclosure. Consequently, the Jiangsu Securities Regulatory Bureau has decided to take regulatory action by issuing warning letters to the involved parties, and this incident will be recorded in the securities and futures market integrity files.