Tianyu Shuke: Company director Guo Baichun was arrested for embezzlement and abuse of power.

Tianyu Shuke Technologies announced that Mr. Guo Baochun, a director of the company, is suspected of embezzlement and abuse of power during his tenure in public office, and the Yinchuan People's Procuratorate has decided to arrest him according to law. The company has a sound governance structure and internal control mechanisms, as well as a mature and efficient management system. The production and operation order of the company and its subsidiaries is normal. Currently, the company's board of directors and board of supervisors are operating normally, and there has been no change in the company's control rights. This matter will not have a significant impact on the company's daily production and operation.