Andy Su: The vice president received an advance notice of administrative penalty due to matters not related to the company.

On August 14, Andy Su announced that recently, the company's vice general manager, Wang Yan, received an "Administrative Penalty Pre-Notice" issued by the Liaoning Securities Regulatory Bureau. As of the disclosure date of this announcement, according to the aforementioned "Administrative Penalty Pre-Notice," Wang Yan has not been subject to any securities market entry ban by the China Securities Regulatory Commission, nor is there any situation in which he has been publicly deemed unsuitable to serve as a director or senior management of a listed company by a securities exchange. The receipt of the "Administrative Penalty Pre-Notice" by Wang Yan is due to matters related to other enterprises where he previously held positions, which do not involve this company and will not have a significant adverse impact on the company's daily production and operational activities.