Jiawo Food Co., Ltd. (Stock Code: 300268) (Stock Abbreviation: *ST Jiawo) Announcement No.: 2026-006
Jiawo Food Co., Ltd. Announcement on the Progress of the 2025 Annual Report Preparation and Latest Audit
The Company and the Board of Directors of the Company guarantee the truthfulness, accuracy, and completeness of the information disclosed, and do not contain any false records, misleading statements, or major omissions.
Special Reminder: Jiawo Food Co., Ltd. (hereinafter referred to as the "Company") had a negative net assets at the end of 2024. For three consecutive years from 2022 to 2024, the net profit before and after deducting non-recurring items was negative. Furthermore, Xinyonghe Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Xinyonghe") issued a qualified audit report with a material uncertainty paragraph regarding going concern for the Company's 2024 financial statements. This situation triggers the risk warning provisions under Article 9.4, Paragraph 1, Item 6 of the Shenzhen Stock Exchange GEM Stock Listing Rules (hereinafter referred to as the "Listing Rules") and the delisting risk warning provisions under Article 10.3.1, Paragraph 1, Item 2. Following the disclosure of the 2024 annual report, the Company's stock trading was subjected to a "delisting risk warning" and a "risk warning."
The Company disclosed the "2025 Annual Performance Forecast" (Announcement No.: 2026-002) on January 26, 2026, predicting that net assets would turn positive in 2025. The data in this performance forecast is preliminary and the specific financial data will be disclosed in detail in the Company's 2025 annual report.