Express Delivery Group: Li Xiyuan, the actual controller and chairman of the company, has been placed under detention.

Shutong Co., Ltd. announced that the company has received notification from the actual controller and chairman, Li Xiyuan's family, that Li Xiyuan was detained on March 13th, receiving a "Case Filing Notice" and a "Detention Notice" issued by the Boshan District Supervisory Commission of Bengbu City. The other directors and senior management of the company are carrying out their duties normally, there has been no change in control, and the production and operation situation is normal, which will not have a significant impact on daily operations. At present, the company has not received any investigative or cooperative investigative documents from the authorities, and is currently unaware of the progress and conclusion of the detention investigation. The company will continue to monitor the situation and fulfill its disclosure obligations in a timely manner.