Crazy Sports: Independent Non-Executive Director Zhou Jingping is currently undergoing a committee oversight investigation.

Crazy Sports has released an announcement, stating that Mr. Zhou Jingping, an independent non-executive director of the company, is currently under investigation by the Chongqing Municipal Discipline Inspection Commission of the People's Republic of China. Apart from the above information, the company is not aware of any further details about the investigation of Mr. Zhou by relevant law enforcement agencies as of the date of this announcement.