Hermes Group: Independent Director Li Yumin was fined for illegal disclosure violations by Taiyuan Heavy Industry.

Hemei Group Announcement: Mr. Li Yumin, an independent director of the company, was fined 100,000 yuan by the Shanxi Regulatory Bureau of the China Securities Regulatory Commission for illegal disclosure of information by Taiyuan Heavy Industry. Mr. Li Yumin has been serving as an independent director of Hemei Group since January 2023, and the above-mentioned administrative penalty is unrelated to the company and will not affect its daily operations.