Announcement on Receiving the "Notice of Progress of International Commercial Arbitration of its Chilean Subsidiary" from Joyvio Fresh (Beijing) Enterprise Management Co., Ltd.

*ST Jiawo Co., Ltd.·June 26, 2026·3 pages

✨ AI Summary

Joyvio Food received a notice regarding an international arbitration case involving its subsidiary, Food Investment SpA. The Chilean appellate court overturned a previous arbitration award due to procedural flaws and overreach. The company plans to initiate a new arbitration to defend its rights. The outcome's financial impact is currently uncertain.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Joyvio Food Co., Ltd.

Announcement on Receiving the "Notice of Progress of International Commercial Arbitration of its Chilean Subsidiary" from Joyvio Fresh (Beijing) Enterprise Management Co., Ltd.

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.

Joyvio Food Co., Ltd. (hereinafter referred to as the "Company") received a "Notice of Progress of International Commercial Arbitration of its Chilean Subsidiary" from Joyvio Fresh (Beijing) Enterprise Management Co., Ltd. (hereinafter referred to as "Fresh Beijing"). It is learned that Food Investment SpA, the Chilean subsidiary of Fresh Beijing, received a "Judgment" on the annulment of the international commercial arbitration award from the Chilean Court of Appeals in Santiago on June 24, 2026 (Chilean time). The details are as follows:

I. Basic Situation of the International Commercial Arbitration Award

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.