GF Securities announced that the company, in conjunction with Lixin Certified Public Accountants and Gao Yudi, the actual controller of Qingyue Technology, has officially established a special advance compensation fund for the Qingyue Technology incident. The initial capital contribution is 370 million yuan, and the relevant funds have been fully transferred to the special fund's supervisory account. This fund is primarily used to compensate eligible investors who suffered investment losses due to Qingyue Technology's fraudulent issuance and violations of information disclosure rules. If the final compensation amount exceeds 370 million yuan, the fund contributors will promptly make up the difference. This marks the first time that an actual controller has participated in funding an advance compensation practice on the STAR Market, which aligns perfectly with the China Securities Regulatory Commission's recent policy direction of strengthening investor protection.