Duofuduo received a regulatory letter from the Shenzhen Stock Exchange: The records of investor relations activities were not sufficiently cautious, objective, or complete in information disclosure.

On August 4th, after trading hours, Duofuduo received a regulatory letter from the Shenzhen Stock Exchange. The Shenzhen Stock Exchange believes that Duofuduo failed to disclose information in the "Investor Relations Activity Record Form" in a cautious, objective, and complete manner, specifically regarding the low proportion of operating revenue from relevant products, which would not have a significant impact on financial performance. This information is related to value judgments and investment decisions made by investors and may have a considerable effect on the trading price of the listed companys stock and its derivatives, indicating significant omissions in the information disclosure. This behavior violates the relevant provisions of the "Stock Listing Rules" of the Shenzhen Stock Exchange.