Meihuan shares: Controlling shareholder, actual controller, and chairman Wang Jinping are under investigation and have been taken into custody.

Meihe Group announced that the company recently received the "Case Filing Notice" and "Detention Notice" issued by the Xuecheng District Supervisory Committee of Zaozhuang City. The company's controlling shareholder, actual controller, and chairman, Wang Jinping, are under investigation and have been placed under detention. During Wang Jinping's period of being detained and unable to perform the duties of chairman, Zhang Kaixu, a director, general manager, and legal representative of the company, will temporarily assume the duties of chairman. The company's daily operations and management will be handled by the executive team, while other directors and senior management personnel are currently performing their duties as usual.