Xinhua Jin: The company and its affiliated companies may face the risk of being subject to administrative penalties by the China Securities Regulatory Commission or disciplinary actions by securities exchanges.

Xinhua Jin has issued an announcement about abnormalities. Upon self-inspection, the company's current production and operation are normal, with good internal production and operation order, and no significant changes in daily operations. The fluctuations and uncertainties of US tariff policies will have a significant impact on the company's export business of finished products and textile apparel. The company will continue to monitor and evaluate the specific impact of tariff issues on its business performance. Regarding the special explanations disclosed by the accounting firm concerning the summary table of non-operational funds and other related fund transactions for Xinhua Jin in 2024, the company and its affiliates may face the risk of being subject to administrative penalties by the China Securities Regulatory Commission or disciplinary actions by the stock exchange.