Xinhua Jin: may be subject to other risk warnings and delisting risk warnings.

Xinhua Jin Announcement: As of the disclosure date of the semi-annual report in 2025, Xinhua Jin Group and its affiliates have non-operational funds totaling 4.06 billion yuan. Currently, Xinhua Jin Group has not yet returned the funds that were occupied. The company is actively promoting the equity transfer of Shandong Jimo Huangjiu Factory Limited and urging Xinhua Jin Group to quickly revitalize and dispose of other assets to repay the occupied funds as soon as possible. If the company fails to collect the occupied funds within one month, the stock will be subject to other risk warnings. If the funds are not collected within six months, the stock will be suspended. If the rectification is not completed within two months after the suspension, the stock will be subject to delisting risk warnings, and if the rectification is not completed within the following two months, the stock will be delisted from the trading market.