New Country Capital: There is no case of investigation or administrative penalty implemented by the People's Bank of China.

Some investors have asked New Nation on the interactive platform: Is its holding subsidiary, Jialian Payment Co., Ltd., currently under supervision investigation by the Shenzhen Branch of the People's Bank of China? New Nation responded that as of now, the company and its subsidiaries have not received any investigation notices or prior penalty notifications from the People's Bank of China, and there is no situation where they are being investigated or penalized by the People's Bank of China. The company has not failed to disclose any significant matters as required by laws and regulations.