Announcement of Wei Long Grape Wine: The company and related personnel have received a warning letter from the Shandong Securities Regulatory Bureau due to the untimely disclosure of significant progress of litigation. Chairman Zhu Qiuhong, General Manager Sun Yantian, and former Board Secretary Bai Lu are primarily responsible for the above actions. The company and related personnel will enhance their legal and regulatory education, improve the quality of information disclosure, and prevent similar incidents from recurring.