According to CoinMeta, Titan Shares announced that due to incomplete responses to interactions and violations in the management and use of raised funds, the company has successively received regulatory letters from the Shenzhen Stock Exchange and warning letters from the Zhejiang Securities Regulatory Bureau. The Zhejiang Securities Regulatory Bureau issued warning letters to the company, as well as to its chairman and general manager Chen Yourong, financial director Pan Mengping, and board secretary Pan Xiaoxiao, and recorded these incidents in their credit files. Zhongzheng Pengyuan Assessment believes that the aforementioned issues have a minor impact on the company's production and operations, and the impact on its credit level is controllable. Therefore, they have decided to maintain the company's and “Titan Convertible Bonds” credit rating at A, with a stable rating outlook.