The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Shenzhen Jia Kai City Group Co., Ltd. (hereinafter referred to as "the Company" or "Jia Kai City") received the "Decision on Issuing a Warning Letter to Jia Kai City Group Co., Ltd. and Related Responsible Personnel" [2023] No. 71 from the China Securities Regulatory Commission Zhejiang Regulatory Bureau (hereinafter referred to as "Zhejiang Securities Regulatory Bureau") on July 14, 2023. The specific circumstances are announced as follows: