Kinseed Wine: There is no change in the main business scope of the company.

Golden Seed Liquor Announcement: The company has noticed that there are media reports claiming that the company's business scope is removing "liquor," and Golden Seed Liquor is planning to transition. The company hereby clarifies the situation. The original business scope of the company, "liquor and other alcohol production," has been reported in the industrial and commercial registration system since the company went public in 1998, and there have been no changes. In order to standardize the registration of business scopes using the General Administration of Market Supervision's "Directory of Standardized Business Scope Expressions," the company is required to synchronize its existing business scope expressions to the corresponding standard expressions in the directory. To adapt to changes in industrial and commercial registration classifications, the company has made appropriate adjustments to its business scope, changing from "liquor and other alcohol production" to "alcohol product production." There has been no change in the company's main business, and in the future, the company will continue to focus its resources on strengthening and optimizing its liquor business.