The Anhui Securities Regulatory Bureau decided to take administrative supervision measures to take supervision conversations on Guoxuan Hi -Tech

Guoxuan Hi -Tech Co., Ltd.:

According to the "Securities Law" and other regulations, our bureau conducted a special inspection of your company. After investigation, I found that your company has the following violations:

First, the aspect of the bad debt preparation. The 2020 annual report did not fully consider the credit risk of Hunan Cheetvana Co., Ltd., Hangzhou Yifei Automobile Industry Co., Ltd. and other customers. Essence The company's above -mentioned behavior violated the "Corporate Accounting Standards No. 22 -Confirmation and Measurement of Financial Instruments" (Caixin [2017] No. 7) Article 48, and the "Administrative Measures for the Information Disclosure of Listed Companies" (CSRC Order No. 40 No. 40 ) Article 2 stipulates.

2. Related transaction approval. In the first half of 2021, the company and the affiliated legal person Enowei (Suzhou) New Energy Technology Co., Ltd. accumulated a total of 65.8753 million yuan in daily affiliated transactions, which were not disclosed in time when the temporary disclosure standard was reached. Discovery. The company's above -mentioned behavior violated Article 3, 22, and 41 of the "Administrative Measures for the Information Disclosure of Listed Companies" (CSRC Order No. 182).

3. Government subsidy disclosure. At the end of September 2020, three subsidiaries including the company's subsidiary Hefei Guoxuan Gaoke Power Energy Co., Ltd. received a total of 169.509 million yuan in government subsidies related to income, which should be disclosed in time. Discovery. On December 30, 2020, the company's subsidiary Hefei Guoxuan Gaoke Power Energy Co., Ltd. received the New Energy Vehicle Finance Award of 30.498 million yuan. It should be disclosed and not disclosed in time. It was disclosed until January 7, 2021. The company's above -mentioned behavior violated Article 2 and 30 of the "Administrative Measures for the Information Disclosure of Listed Companies" (CSRC Order No. 40).

Fourth, other aspects. In the announcement of the company's 2015 restricted stock incentive plan, the announcement of the progress of the progress of the restricted stock should be repurchased to cancel the restricted stock, resulting in incomplete information disclosure. The company's above -mentioned behavior violated Article 40 of the "Basic Specifications for Internal Control of the Enterprise" (Caixin [2008] No. 7), and the "Administrative Measures for the Information Disclosure of Listed Companies" (CSRC No. 40) Regulations.

According to the "Administrative Measures for the Information Disclosure of Listed Companies" (Article 52 of the CSRC Order No. 182), and the "Administrative Measures for Information Disclosure of Listed Companies" (Article 59 of the CSRC Order No. 40) Your company takes administrative supervision measures for supervision talks, and records the relevant situation in the integrity file in accordance with the "Measures for the Integrity Supervision and Administration of Securities and Futures Market" (CSRC No. 166). Now asking your company to be chairman and general manager, chief financial officer, and secretary of the board of directors to bring a valid identity document at 3 pm on July 27, 2022 to the Anhui Securities Regulatory Bureau (No. 6 Tianbo Road, High -tech Zone, Hefei City) 223.

If you are uncomfortable with this supervision and management measure, you can submit an administrative reconsideration application to the China Securities Supervision and Administration Commission within 60 days from the date of receipt of this decision. The court filed a lawsuit. During the reconsideration and litigation, the above supervision and management measures are not stopped.

Anhui Securities Regulatory Bureau

July 20, 2022

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