Zhengyuan Wisdom: Chen Jian, the actual controller, was sentenced to three years in prison for manipulating the securities market, with a suspended sentence of three years and six months.

On February 13, Zhengyuan Wisdom announced that the actual controlling person of the company, Chen Jian, has been sentenced to three years in prison with a three and a half year probation period and fined 6.5 million RMB for manipulating the securities market. Chen Jian is currently not holding any position in the company, and the daily operations of the company are running normally. The above-mentioned judgment will not have any impact on the company's production and operation activities.