China and Lu B announced that the company recently received a “Notice of Retention” from the supervisory authority concerning Wang Huan, the legal representative, director and general manager of the company. As of the announcement date, all other directors and senior management of the company have performed their duties normally, and the production and operation situation is normal. The company will properly arrange the related work that Wang Huan is responsible for; the above matters will not have a significant impact on the company's production and operation.

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