Financial Street Securities (01476) issued an announcement regarding a regulatory development involving its non-executive director, Mr. Wang Linjing, arising from a notice published by TF Securities on 14 February 2026. According to information from the Hubei Bureau of the China Securities Regulatory Commission (CSRC), TF Securities allegedly provided financing to several entities in violation of the Securities Law promulgated in 2014 and enacted in 2019. The related breaches reportedly include unlawful acts concerning information disclosure, deemed to constitute direct violations under Articles 197 and 205 of the 2019 Securities Law.

Mr. Wang, who previously served as a director and president of TF Securities, was found by the CSRC Hubei Bureau to be “other directly responsible personnel.” He was issued a warning and fined RMB3.00 million for the above-mentioned information disclosure infractions. Under relevant CSRC regulations, TF Securities and related individuals are entitled to make statements, present defenses, and request a hearing before any formal penalty is rendered.

Financial Street Securities (01476) clarified that the matter does not relate to the affairs of its other directors, senior management, or business operations. The board of directors has stated that it will closely monitor the situation and will disclose any significant updates in accordance with applicable listing rules.