Jiangsu Securities Regulatory Bureau issued a warning letter to Everbright Securities because it failed to strictly comply with the relevant requirements of continuous supervision.

[Jiangsu Securities Regulatory Bureau issued a warning letter to Everbright Securities because it failed to strictly comply with the relevant requirements for continuous supervision]-- Jiangsu Securities Regulatory Bureau announced that Everbright Securities, as a sponsor for the initial listing of Naxin Micro and Dike shares, failed to strictly comply with the relevant requirements of continuous supervision in accordance with the relevant regulations in the process of continuous supervision. Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures of issuing warning letters to Everbright Securities. It is mentioned that on November 24, 2021, Everbright Securities issued a report that the announcement that Dike shares had disclosed was consistent with the actual situation, but the announcement of the recipients of stock incentives in Dike's "2021 restricted Stock incentive Plan (draft)" was not consistent with the actual situation. On August 26, 2022, Everbright Securities issued a report that Naxi's internal control over its subsidiary was sound and effectively implemented, which was inconsistent with the fact that Naxi had defects in compliance management of its subsidiary.