Guizhou Bailin: Controlling shareholder Jiang Wei is under investigation for suspected insider trading and other allegations.

Guizhou Bailin Announcement: The actual controller of the company, Jiang Wei, is under investigation by the China Securities Regulatory Commission for suspicion of insider trading, illegal information disclosure, and violation of restrictive provisions on stock transfer. This investigation is focused on Jiang Wei personally and is not related to the company's daily operations and business activities, so it will not affect the production and operation activities of the listed company and its subsidiaries.