Pearl City Technology announced that on December 31, 2025, the company and relevant personnel received a warning letter from the Zhejiang Securities Regulatory Bureau and a decision on regulatory dialogue measures. After investigation, from April 25 to August 26, 2025, the transaction amount of related transactions between the company and Xinya Electronics Co., Ltd. reached RMB 2,60491 million, accounting for 1.41% of the absolute value of the company's most recent audited net assets. However, the review procedures and information disclosure obligations were not carried out in a timely manner according to regulations, and were not reviewed, approved and disclosed until August 26, 2025. The actions of the company and related personnel violated the relevant provisions of the “Administrative Measures on Information Disclosure of Listed Companies”.

Pearl City Technology announced that on December 31, 2025, the company and relevant personnel received a warning letter from the Zhejiang Securities Regulatory Bureau and a decision on regulatory dialogue measures. After investigation, from April 25 to August 26, 2025, the transaction amount of related transactions between the company and Xinya Electronics Co., Ltd. reached RMB 2,60491 million, accounting for 1.41% of the absolute value of the company's most recent audited net assets. However, the review procedures and information disclosure obligations were not carried out in a timely manner according to regulations, and were not reviewed, approved and disclosed until August 26, 2025. The actions of the company and related personnel violated the relevant provisions of the “Administrative Measures on Information Disclosure of Listed Companies”.