Shenzhen Kangjia A: Received the administrative regulatory measures decision of the Shenzhen Securities Regulatory Bureau and the regulatory letter from the Shenzhen Stock Exchange.

Shen Kangjia Announcement A, on December 26, 2025, the company received the decision issued by the Shenzhen Securities Regulatory Bureau, "Decision on Issuing a Warning Letter to Konka Group Co., Ltd., Liu Fengxi, Zhou Bin, and Li Chunlei" and the "Regulatory Letter to Konka Group Co., Ltd. and Related Parties" issued by the Shenzhen Stock Exchange. Due to the sale of 5% equity of Anhui Kaikai Vision E-commerce Co., Ltd. in June 2018, the transfer of equity did not meet the criteria for recognizing investment returns, leading to inaccurate disclosure in the company's 2018 half-year report. The Shenzhen Securities Regulatory Bureau and the Shenzhen Stock Exchange have taken regulatory measures against the company and related individuals. The company and related individuals will actively rectify the situation, enhance compliance awareness, and prevent such incidents from happening again. The administrative regulatory measures and regulatory letters will not affect the company's normal business operations.