Jing Qi Investment Partner Statement: Exempting Fan Siqi's legal representative status.

The dispute between the partners of the Quantitative Private Equity Jingqi Investment has escalated. Shareholders Tang Jingren and Mao Nuoping of Quantitative Private Equity Jingqi Investment issued a statement on August 7th regarding the removal of Fan Siqi as executive director and legal representative, stating that Fan Siqi's serious misconduct during his term of office has led to a major public opinion crisis and damage to the company's reputation. In order to maintain the normal business order of the company and safeguard the legitimate rights and interests of shareholders and all employees, Jingqi Investment has initiated emergency decision-making procedures in accordance with the law and regulations, removed Fan Siqi as executive director and legal representative, and the company is in the process of applying for changes with the industrial and commercial administrative department. At the same time, the company's operations team is maintaining daily contact with all fund product custody platforms and regulatory agencies, and its products are operating stably. The statement also condemns Fan Siqi's misconduct and emphasizes that Fan Siqi should resolve the dispute through proper legal means.