Suzhou Kolidar Decoration Co., Ltd. Stock continues to warn, take multiple measures to rectify risks.

Announcement from Suzhou Kolida Decoration Co., Ltd.: Due to the issuance of a negative opinion audit report on internal controls for the fiscal years 2023 and 2024, the company's stock has been subject to other risk warnings since May 6, 2024. The company has taken multiple measures to rectify the situation, including resolving the issue of the unauthorized use of non-operating funds amounting to 170 million RMB in 2023. As of December 31, 2024, the funds have been fully returned, with interest of 4.9034 million RMB received on April 30, 2025. The company has also cut off the source of fund misuse, improved governance structure, and strengthened internal control management. The company's production and operations are normal, and it will issue advisory announcements monthly. In addition, the previously planned transfer of controlling shareholder agreements was terminated due to failure to reach a consensus on the price.