*ST Yedao announced that the company's wholly-owned subsidiary and related parties jointly invested to establish Jiapin Commercial and Gongfa Foods in Haikou City, Hainan Province, respectively. The company's wholly-owned subsidiaries each invested 5.1 million yuan and each held 51% of the shares. This transaction constitutes a related transaction, but it does not constitute a major asset restructuring. In the past 12 months, the cumulative amount of related transactions between the company and the actual controller of the same related person was RMB 31.556 million, exceeding 5% of the company's most recent audited net assets. This related transaction has been reviewed by the relevant meeting and exempted from submission to the shareholders' meeting for review. Investments may face risks such as macroeconomic policies and market changes.

*ST Yedao announced that the company's wholly-owned subsidiary and related parties jointly invested to establish Jiapin Commercial and Gongfa Foods in Haikou City, Hainan Province, respectively. The company's wholly-owned subsidiaries each invested 5.1 million yuan and each held 51% of the shares. This transaction constitutes a related transaction, but it does not constitute a major asset restructuring. In the past 12 months, the cumulative amount of related transactions between the company and the actual controller of the same related person was RMB 31.556 million, exceeding 5% of the company's most recent audited net assets. This related transaction has been reviewed by the relevant meeting and exempted from submission to the shareholders' meeting for review. Investments may face risks such as macroeconomic policies and market changes.