加加食品集团股份有限公司 关于收到独立董事姚禄仕先生的督促函的公告

Core Viewpoint - The independent director of JiaJia Food Group has issued a letter urging the company to address issues related to related party transactions, inventory management, and internal controls, emphasizing the need for timely repayment of losses and improved governance practices [1][5]. Group 1: Related Party Transactions - The company incurred a loss of approximately RMB 67.25 million due to mismanagement by Ningxia Keke Mei Biological Engineering Co., Ltd. and Ningxia Yumi Starch Co., Ltd. in a contract for the production of monosodium glutamate [1]. - The independent director has repeatedly urged the management to recover the aforementioned losses and ensure repayment by November 30, 2024, along with interest calculated at the loan market quotation rate [1][3]. Group 2: Inventory Management - As of June 30, 2025, the company reported a total balance of RMB 56.11 million in inventory stored at the aforementioned companies, with a provision for inventory impairment of RMB 15.65 million and other current asset impairment of RMB 10.93 million [2]. - The company has lost control over its inventory assets stored at the facilities of Ningxia Keke Mei, as part of the raw materials worth RMB 26.78 million has been auctioned off by the court [2]. Group 3: Internal Control Management - Following an audit report highlighting internal control issues, the company has revised and established a series of internal control systems to enhance governance and compliance [4]. - The independent director emphasizes the importance of maintaining focus on the issues raised by the auditors and improving the internal control framework to ensure operational efficiency and compliance [4]. Group 4: Ongoing Monitoring and Communication - The company has acknowledged the independent director's letter and is committed to implementing the recommendations while maintaining good communication with all parties involved [5]. - The company will adhere to legal requirements for information disclosure and keep investors informed about the progress of these issues [5].