Yihai Kerry Arawana Holdings Co.Ltd(300999) receipt of attention letter: it is required to explain whether taking the tonnage of product sales volume as the performance evaluation index can objectively and completely reflect the operation of new business

The management department of Shenzhen Stock Exchange gem company sent a letter of concern to Yihai Kerry Arawana Holdings Co.Ltd(300999) on April 7. The assessment objectives of each attribution period of the company are that the total product sales of the company from 2022 to 2023 are not less than 90.2 million tons; The total product sales volume from 2022 to 2024 shall not be less than 137.25 million tons; The total product sales volume from 2022 to 2025 shall not be less than 185.8 million tons. Shenzhen stock exchange requires to explain whether taking the tonnage of product sales as the performance evaluation index can objectively and completely reflect the operation of the company’s existing and future new businesses in combination with the company’s business composition, changes in gross profit margin and future development plan; The rationality of the setting of annual financial performance evaluation indicators and other indicators shall be determined based on the scientific demonstration of the rationality of the setting of annual financial performance evaluation indicators; Conduct self-examination and explanation on the trading of the company’s shares by insiders within six months before the announcement of the equity incentive plan.