Shanghai Broadband Technology under investigation for disclosure violations

Shanghai Broadband Technology Co., Ltd. announced today, December 13, 2025, that it received a "Notice of Case Filing" from the China Securities Regulatory Commission (CSRC) on December 12, 2025. The filing indicates the company is under investigation for suspected violations of information disclosure laws and regulations.

The CSRC initiated the case against Shanghai Broadband Technology based on relevant Chinese legal frameworks. Despite the investigation, the company stated that its production and operational activities are proceeding normally and in an orderly manner, and the matter is not expected to significantly impact its operations or management.

Shanghai Broadband Technology committed to actively cooperating with the CSRC's investigation and to fulfilling its information disclosure obligations promptly. The company reiterates its advice to investors to be aware of potential investment risks during this period.