Huajin Co., Ltd. announced that the company recently received the “Notice of Case Filing” and “Notice of Detention” from the supervisory authorities, and that Deputy General Manager Yan Zenghui was investigated and the lien measures were implemented. As of the announcement disclosure date, the company has properly arranged the work Yan Zenghui is responsible for. The directors and other executives have carried out their duties normally, and production and operation have not been affected. The company is unaware of the investigation progress and findings, and will continue to monitor and promptly disclose them.

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