*ST Hengyu and relevant responsible persons were warned by the Shanghai Stock Exchange

On July 29, 2022, the Shanghai Stock Exchange disclosed the decision to supervise the warning of Jinan Hengyu Environmental Technology Co., Ltd. and relevant responsible persons.

party:

Jinan Hengyu Environmental Protection Technology Co., Ltd., A -share Securities abbreviation:*ST Hengyu, A -share pond code code: 688309;

Niu Bin, then chairman and general manager of Jinan Hengyu Environmental Technology Co., Ltd.;

Zhong Suili, then a director and secretary of the board of directors of Jinan Hengyu Environmental Technology Co., Ltd.

According to the "Decision on Obipating Measures to Order Correction Measures on Jinan Hengyu Environmental Technology Co., Ltd." ([2022] No. 40), " The fact that Zhong Suili adopted the measures of supervision conversation measures "([2022] No. 41) found the facts, Jinan Hengyu Environmental Technology Co., Ltd. (hereinafter referred to as*ST Hengyu or Company) People have the following violations in their duties.

1. The information disclosure of environmental inspection related matters is incomplete

In 2017, the Central Environmental Protection Supervision Team had a significant impact on the company's production and operation and investor decision -making on environmental protection supervision in Xinjiang Uygur Autonomous Region. Fully disclose the major impact of the environmental inspection matters and the matter on the company's business activities and future development.

2. The management and use of fundraising funds are not standardized, and the relevant information disclosure is inaccurate

The company transferred some idle funds to non -raised funds to purchase investment products from January to April 2022 to April 2022, and the company did not open a special settlement account for products. precise.

In addition, the Securities Regulatory Bureau found that some of the company's shareholders 'meeting and board meeting records were incomplete. For example, the 19th board of directors of the second time did not record the main points of speeches, and the first interim shareholders' meeting in 2021 did not record the attendees of the attendees and the name of witness lawyers, etc. Essence At the same time, the company's articles of association did not revise in accordance with the latest laws and regulations.

In summary, the company's information disclosure of the relevant environmental inspection matters is incomplete, the management and use of funds raised and useless, and the relevant information disclosure is inaccurate, the company's governance is imperfect. (The following referred to as "Rules for Listing of Science and Technology Board Science and Technology Innovation Board") Article 1.4, Article 5.1.2, Article 5.1.5, Article 8.2.3, Article 9.3.3, and "Shanghai Stock Exchange Science and Technology Innovation Innovation The Guidelines for Self -Defimming Supervision of Board Listed Companies No. 1 — Regulation Operation "Article 1.4, 5.2.1, Article 5.3.4, and Article 6.1.3 and other relevant regulations. According to the identification of the Securities Regulatory Bureau, Niu Bin, then the company's then chairman and general manager (the chairman's term from October 25, 2018 to the present, the general manager's term of office on November 23, 2018) as the company leader, the main person in charge of the daily operation and the principals of daily operations The first responsible person of information disclosure, then the then director and secretary of the board of directors Zhong Suili (Director's term of office of the director from October 25, 2018 to the present, the secretary of the board of directors from November 23, 2018) as the company's information disclosure person in charge. Responsible for the responsibility of the company's violations, and violated Article 1.4, 4.2.1, Article 4.2.4, Article 4.2.8, Article 4.2.8, etc. The provisions and its commitments made in the "Director (Supervisor, Senior Management) Statement and Senior Management".

In view of the above -mentioned illegal facts and circumstances, in accordance with the relevant provisions of Article 14.2.2 of the Rules of Science and Technology Innovation Stock Listing and the Implementation Measures for the Implementation of the Shanghai Stock Exchange's Disciplinary Actions and Regulatory Measures, the Management Department made the following regulatory measures:

Niu Bin, the chairman and general manager of Jinan Hengyu Environmental Technology Co., Ltd., was supervised and warned by Zhong Sui Li, the director and secretary of the board of directors.

The company should be considered to be precepts, strictly in accordance with the provisions of laws, regulations and the "Rules of Science and Technology Innovation Board Stock Listing", regulate the operation, and conscientiously fulfill the information disclosure obligations; directors, supervisors, and senior management personnel shall conscientiously fulfill their loyalty and diligence obligations to promote the company Standardize operations and ensure the company's timely, fair, accurate and complete disclosure of all major information.

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