Core Viewpoint - The company, ST Juewei, is currently under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which has led to the implementation of "other risk warnings" [1] Group 1: Regulatory Issues - On August 15, 2024, the company received a "Notice of Investigation" from the CSRC due to alleged information disclosure violations [1] - On September 19, 2025, the company received a "Notice of Administrative Penalty" from the Hunan Regulatory Bureau of the CSRC [1] - The company is working to rectify the issues and aims to apply for the removal of the risk warning once conditions are met [1] Group 2: Business Operations - The company is making targeted adjustments to its store model, sales channels, and supply chain management in response to the changing external environment [1] - The company is actively exploring new store models and conducting pilot tests in specific regions [1] - There is a focus on accelerating product innovation and improving the quality and taste stability of core products [1] Group 3: Internal Controls and Compliance - The company is enhancing its internal control processes and compliance measures following the investigation [1] - It is committed to learning from the situation and implementing corrective actions to minimize the impact of the investigation [1] - The company is increasing its information technology capabilities to better capture customer demands and improve supply chain efficiency [1]