Jia'ao Environmental Protection: The company has received a notice of filing from the China Securities Regulatory Commission.

Jia'ao Environmental Protection Announcement: The company recently received a notice of case filing from the China Securities Regulatory Commission, as the company is suspected of illegal information disclosure, and the decision has been made to file a case against the company. Currently, the company's daily operations are in order, and all business activities are being carried out in an orderly manner. Previously, the company received a warning letter from the Zhejiang Securities Regulatory Bureau due to a subsidiary's failure to convert construction in progress into fixed assets as required. The company will actively cooperate with the relevant work of the China Securities Regulatory Commission and strictly fulfill its information disclosure obligations as required by regulations.