Core Points - The company Aerospace Hongtu (688066.SH) has been suspended from participating in military procurement activities for a period of three years due to alleged violations during a portable drone procurement project [1] - The suspension will affect the company's ability to secure projects in specialized fields, leading to negative impacts on production operations and financial performance [1] - The company plans to enhance its business layout, conduct a comprehensive review of its specialized field operations, and ensure compliance with relevant laws and procurement regulations [1] - The company aims to actively expand its civilian and overseas business and adjust its business strategy according to market changes to mitigate the adverse effects of this incident [1] Summary by Categories Company Impact - The suspension from military procurement activities will last from July 6, 2024, to July 6, 2027, significantly limiting the company's participation in bidding for military projects [1] - The company’s legal representative, Wang Yuxiang, and other enterprises he controls will also be prohibited from participating in military procurement during this period [1] Business Strategy - The company intends to refine its business operations in specialized fields and ensure strict adherence to legal and regulatory standards [1] - There is a focus on diversifying into civilian and international markets to reduce the negative impact of the procurement suspension [1]

Group 1 - The Chinese People's Liberation Army Air Force Logistics Department announced the suspension of procurement qualifications for Jilin Delisi Food Co., Ltd. due to fraudulent bidding behavior [1] - The suspension is effective from July 7, 2025, and prohibits the company from participating in all military procurement projects [1] - The company is now subject to centralized procurement supervision, and the consequences of the violation apply to all military procurement units [1] Group 2 - Jilin Delisi Food Co., Ltd. was established on October 26, 2007, with a registered capital of 386.1169 million yuan [2] - The company is primarily engaged in the agricultural and sideline food processing industry, with Shandong Delisi Food Co., Ltd. as its major shareholder, holding a 97.4101% stake [2] - The company's unified social credit code is 91220281664295665X, and its registered address is No. 111, Century Road, Hebei Street, Jiaohe City, Jilin Province [2] Group 3 - Shandong Delisi Food Co., Ltd. approved a guarantee limit of up to 100 million yuan for its subsidiary, Jilin Delisi Food Co., Ltd., during its board and shareholder meetings [4] - The company provided a guarantee for a loan contract with Jilin Bank, with a remaining guarantee limit of 51 million yuan after recent transactions [5] - As of June 20, 2025, the parent company had consumed 49% of its annual guarantee limit for Jilin Delisi, with a remaining balance of 51 million yuan [7]