Cabe Yiyi (300863.SZ) controlling shareholder received an administrative penalty decision letter

Zhtng Cijng APP News, Kabaiyi (300863.SZ) announced that, according to a previous announcement, on March 14, 2025, the company disclosed the "Announcement on Controlling Shareholder Receiving Notice of Filing" (Announcement No.: 2025-021). Due to the company's controlling shareholder Ningbo Xinxi Industry Group Co., Ltd. (referred to as "Xinxi Industry"), being suspected of short-term trading in "Kabaiyi 02", the China Securities Regulatory Commission (referred to as "CSRC") decided to investigate Xinxi Industry. Xinxi Industry received the "Administrative Penalty Decision" (No. 3 of 2025) issued by the Ningbo Regulatory Bureau of the CSRC on May 16, 2025. The relevant situation is now announced as follows: