Richemont: Chairman Liu Bing lifted the detention and changed it to an order to wait for further investigation.

Fosun Pharma announced that Mr. Liu Bing, the controlling shareholder, actual controller, and chairman of the company, has been placed under residential surveillance by the Supervisory Commission of Pidu District, Chengdu. On January 22, 2026, the company received a "Notice of Change of Residential Surveillance" issued by the Supervisory Commission of Pidu District, Chengdu, stating that the residential surveillance measure on Mr. Liu Bing has been lifted and replaced with a measure of awaiting investigation. Currently, Mr. Liu Bing is able to perform his duties as chairman of the company, legal representative, and member of the board committees normally, and the company's production and operations are running normally.