Coolpad Group (02369): Independent non-executive director Guo Jinghui is currently under investigation by the Shenzhen Municipal Supervisory Commission and has been placed under detention.

COOLPAD GROUP (02369) has announced that in accordance with a notice from the Shenzhen Municipal Supervision Committee (the Committee), the company's independent non-executive director, Mr. Guo Jinghui (Mr. Guo), is currently under investigation by the Committee and has been placed under detention. At the time of this announcement, the company has not received any requests from the Committee for assistance with the investigation or for the provision of any information, and the group's business operations are running normally. In addition to serving as an independent non-executive director of the company, Mr. Guo is also a member of the company's audit committee and remuneration committee. He does not hold any other positions in the company nor is he involved in the daily operations or management of the company. The company's other directors and senior management are performing their duties as usual, and it is expected that the above-mentioned matter will not have a significant impact on the company's operations and business activities. The board of directors of the company is currently assessing the situation and will consider making necessary arrangements regarding the roles and responsibilities of Mr. Guo.