Xiamen Xiangyu: The company and relevant personnel received a warning letter from the Xiamen Securities Regulatory Bureau.

Xiamen Xiangyu Announcement: Recently, the company received the decision from the Xiamen Securities Regulatory Bureau on "Decision on issuing a warning letter to Xiamen Xiangyu Co., Ltd., Deng Qidong, Qi Weidong, Lin Jing, and Liao Jie". After investigation, in 2023, Xiamen Xiangyu provided financial assistance to relevant suppliers without following the prescribed approval procedures and disclosure obligations, which violated the relevant provisions of the "Management Measures for Information Disclosure of Listed Companies". Former Chairman Deng Qidong, General Manager Qi Weidong, CFO Lin Jing, and Board Secretary Liao Jie failed to fulfill their duties diligently and responsibly, bearing primary responsibility for the company's violation. The Securities Regulatory Bureau has decided to issue a warning letter to the company and the relevant responsible personnel as a supervisory measure, and the relevant information will be recorded in their integrity files.