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Yonghui Supermarket announced that the company recently received an inquiry letter from the Shanghai Stock Exchange regarding the 2025 annual report, involving related transaction issues. In 2025, the company had large related transactions with many joint ventures or joint ventures, such as Yonghui Cai Food Fresh, etc., including purchasing products, receiving and providing labor services. After verification, independent directors found that these related transactions were formed from strategy or business inertia, met the business needs and development strategies of both parties, had commercial substance, were fair in pricing, and did not damage the business independence of listed companies and the rights and interests of small and medium shareholders.
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Yonghui Supermarket announced that the company recently received an inquiry letter from the Shanghai Stock Exchange regarding the 2025 annual report, involving related transaction issues. In 2025, the company had large related transactions with many joint ventures or joint ventures, such as Yonghui Cai Food Fresh, etc., including purchasing products, receiving and providing labor services. After verification, independent directors found that these related transactions were formed from strategy or business inertia, met the business needs and development strategies of both parties, had commercial substance, were fair in pricing, and did not damage the business independence of listed companies and the rights and interests of small and medium shareholders.
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