* ST Javo: Chilean subsidiaries submit the fourth batch of compliance plans for overproduction

FIFA, May 11 / PRNewswire-FirstCall-Asianet /-- recently, in accordance with self-reporting regulatory procedures, the Chilean environmental regulator issued a violation notice on the company's fourth batch of seven farming centers owned by its Chilean subsidiary Australis, totaling 18622 tons of overproduction. On May 9, 2023, Chile time, Australis submitted compliance plans for the above seven aquaculture centers to Chilean environmental regulators. In accordance with the relevant regulations of the Chilean environmental regulatory agency and the resolution of understanding with the Chilean environmental regulatory authority, the company's active compliance declaration for overproduction will be exempted from punishment. The implementation of the above compliance measures will increase the company's compliance costs and occupy part of the company's breeding capacity.