*ST Kaiyuan Announcement, the company recently received a "Warning Letter" issued by the Hunan Securities Regulatory Bureau, because the estimated net income disclosed in the "2023 Annual Performance Forecast" by the company differed significantly from the audited net income of 2023, violating relevant regulations. The Hunan Securities Regulatory Bureau decided to take administrative regulatory measures by issuing a warning letter to the company, the chairman Zhao Jun, general manager Yu Yangli, and finance director Dong Shicai, and to record them in the integrity file of the securities and futures market. The company and related responsible persons attach great importance to the issues involved in the "Warning Letter" and will take it as a warning.