Kangsheng Co., Ltd.: Chairman and General Manager Released on Bail Pending Trial

Kangsheng Co., Ltd. announced that the companys chairman and general manager, Wang Yajun, has been placed under judicial supervision but is still able to perform his duties. After verification, this matter does not involve the companys production and operational activities, nor does it relate to any significant business, assets, or major issues that should have been disclosed but were not. As of the date of this announcement, Wang Yajun is able to fulfill his responsibilities as chairman and general manager normally, the board of directors is operating normally, and all operational management activities are being conducted in an orderly manner.