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Evening of May 17, 2024hydros3, Guangdong Jiazhaoye Jiayun Technology (Rights Protection) Co., Ltd.(hereinafter referred to as "Jiayun Technology" or "the Company") issued the "Notice on the Company's Receipt of the Casehydros3Announcement ", because the company was suspected of violating laws and regulations in information disclosure, the China Securities Regulatory Commission decided to file a case against the company in accordance with the Securities Law of the People's Republic of China and the Administrative Punishment Law of the People's Republic of China. At present, the specific reasons why Jiayun Technology was filed are unclear. Lawyer Zhao Jingguo (Practice License No.: 13101200410820485) of Shanghai City Xinben Law Firm reminds that damaged investors who bought and held positions before May 18, 2024, whether they sold on or after May 18, 2024, can voluntarily register for claims through the "Sina Investor Rights Protection Platform." (Column of Lawyer Zhao Jingguo)

Jiayun Technology has previously received a decision on administrative supervision measures. On December 8, 2023, Jiayun Technology issued the "Announcement on Receiving the Decision on Administrative Supervision Measures from the Guangdong Securities Regulatory Bureau." The Guangdong Securities Regulatory Bureau conducted an on-site inspection and found that the company had the following problems: 1. Failure to fulfill the review and disclosure procedures for related party transactions, failure to disclose the sale of subsidiaries of major asset reorganization and acquisition in a timely manner. 2. Failure to promptly and fully disclose the subsequent important progress of joint investment matters with related parties. 3. During the period when the chairman concurrently served as secretary of the board of directors, he violated relevant regulations and served as an indirect controlling shareholder. 4. The implementation of relevant regulations on the registration and management of insiders of inside information is not in place. Lawyer Zhao Jingguo of Shanghai City Xinben Law Firm believes that investors who bought and held positions before May 18, 2024, whether they sold on or after May 18, 2024, can voluntarily initiate claim registration.

hydros3| Jiayun Technology (300242) was investigated by the China Securities Regulatory Commission and faced investor claims

Xinben's shareholder claims team reminded that Jiayun Technology was investigated by the China Securities Regulatory Commission, so investors who have suffered losses can voluntarily initiate claim registration.

Rights protection conditions:

Jiayun Technology: Buy and hold positions before May 18, 2024, whether or not sell on or after May 18, 2024. (The specific compensation scope shall be determined by the court)(Jiayun Technology Rights Protection Entrance)

(This article was contributed by Lawyer Zhao Jingguo, a partner of Shanghai City Xinben Law Firm, and does not represent Sina Finance's views. Lawyer Zhao Jingguo was qualified as a lawyer in 1999. He has solid knowledge of legal theory and has taught in universities. Since 2004, he has started practicing as a lawyer and has handled more than a thousand litigation cases of various types. He has accumulated rich experience in dispute resolution, and is especially good at handling securities disputes, finance, non-performing assets and other aspects. Since his practice, Lawyer Zhao Jingguo has represented investors in litigation claims against a number of listed companies. Cases that have been won or have been compensated include Zhonganke's claim, Zhongbing Red Arrow's claim, Busen Clothing's claim, Zhongqian's claim, Oruide's claim, Zhangzidao's claim, Tianshen Entertainment's claim, Fushun Special Steel's claim, Feile Audio's claim, Xiangyi Rongtong's claim, Yan 'an Bikang's claim, Huanrui Century's claim, etc.)