Kunchuang Information: Received the "Administrative Penalty Decision" issued by the Hunan Securities Regulatory Bureau.

Announcement of Ke Chuang Information: The company has received the "Administrative Penalty Decision" issued by the Hunan Regulatory Bureau of the China Securities Regulatory Commission. The company inflated operating income by 46.3202 million yuan, inflated operating costs by 32.6016 million yuan, and inflated profits by 12.7921 million yuan in the 2023 interim report, violating relevant provisions of the Securities Law. The company was warned and fined 1.5 million yuan. The then chairman Fei Yaoping, director and general manager Li Jie, and finance manager Long Zhong were respectively warned and fined 800,000 yuan, 800,000 yuan, and 600,000 yuan.