Guanglian Airlines: The actual controlling person and chairman of the company, Wang Zengduo, was placed under investigation and detained by the Guannan County Supervisory Commission.

GL Airlines announced that the company's controlling shareholder, actual controller, and chairman Wang Zengduo have been placed under investigation and detention by the Guannan County Supervision Commission. The company's board of directors is operating normally, and the production and operation management situation is normal. The above-mentioned matters have not had a significant adverse impact on the company's production and operation. China Chengzheng Pengyuan has decided to maintain the company's main credit rating at A+, with a stable outlook, and the credit rating of "GL Convertible Bonds" remains at A+.