ST Haili urgently revised three key clauses after receiving the regulatory letter.

On the evening of June 21, *ST HaiLi replied to the Shanghai Stock Exchange's regulatory letter, urgently signing a supplemental agreement concerning the acquisition of 60% equity in Zerton Company by its subsidiary for 93.6 million yuan. The target company's valuation increase rate is as high as 352%, but its performance commitment is lower than the level in 2025. Moreover, 90% of its overseas sales rely on indirect exports, with over 70% of them dependent on such exports and the customer information being non-transparent. The company stated that the performance commitment is reasonable and also made amendments to certain clauses of the original agreement to protect its interests.