*ST Coconut Island: Received regulatory letter from the Shanghai Stock Exchange

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*ST Yedao Announcement: The company has recently received a letter from the Shanghai Stock Exchange (Shanghai Stock Exchange Provisional Letter) No. 【2026】0414, titled “Regulatory Work Letter regarding matters related to the 2025 performance forecast of Hainan Yedao (Group) Co., Ltd.” The performance forecast indicates that the company expects to achieve revenue of RMB 172 million to RMB 192 million in the fourth quarter of 2025, which is about one half of the company’s full-year 2025 revenue and is close to the total revenue for the full year of 2024. The Shanghai Stock Exchange requires the company to separately provide additional disclosures on the sales unit price, sales volume, gross margin, sales policies, and the basis for revenue recognition of its major products, as well as the changes in relevant policies. It also requires the company to quantitatively analyze the reasons and reasonableness for the significant year-over-year growth of operating revenue in the fourth quarter.

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