A relevant working group led by the US Department of Homeland Security updated the list of import restrictions on Chinese companies, which will take effect on August 3, local time in the US. A number of Chinese companies, including Qiaqia Foods, Missed Foods, Seven Wolves, etc. are included in the scope of restrictions, and import restrictions have been imposed on related products they produce entering the US market. In response, the staff of the Seven Wolves Securities Office stated that they are aware of the above restrictions, but “it has no impact” on the company, and that the PR department will publish a detailed response to this matter later.

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