DAMENG Data: Director and General Manager Pi Yu was placed under investigation.

Damei Data announced that the company's director and general manager, Pi Yu, is currently under investigation and has been placed under detention by the disciplinary committee of Yingcheng City, Hubei Province. The company has made proper arrangements for related work and expects that it will not have a significant impact on the company's production and operation. Mr. Pi Yu has not attended recent board meetings and has appointed director Feng Yucai to vote on his behalf. The company and its subsidiaries are operating normally, and all business operations are progressing steadily.