On May 23, Shenzhen Datong Industrial Co., Ltd. (hereinafter referred to as "Datong") disclosed the Notice on Receiving the Notice of Investigation of the China Securities Regulatory Commission. The Notice says that because Datong and its de facto controller failed to cooperate when the CSRC was performing duties according to law and are suspected of violating relevant securities laws and regulations, the CSRC decided to investigate Datong and its de facto controller according to relevant provisions of the Securities Law of the People's Republic of China. SZSE conducts censure on Datong and relevant personnel for such uncooperative behavior.

Listed companies and related parties must remember and adhere to the requirements of "Four Awes" (i.e. awe of the market, the rule of law, professionalism and investors), and conduct law-abiding management and compliance development. In particular, major shareholders, de facto controllers and listed companies' directors, supervisors and senior management executives should always be awe-inspired, earnestly study and strictly abide by the laws and regulations such as Securities Law, Company Law and Criminal Law and SZSE's provisions of self-discipline rules such as Rules Governing Share Listing and Guidelines for the Standard Operation. They should respect, study, abide by and use the law, further improve the corporate governance structure, elevate the standard operation level, and enhance the quality of information disclosure, so as to give investors real, transparent and compliant listed companies and jointly promote the stable and healthy development of the capital market.