• Sichuan Baicha Baidao Industrial formed an independent committee on November 13, 2026, to oversee an investigation into concerns raised by the SFC.
• The committee will assess potential impacts on business operations and financial position, recommending appropriate action to the board.
• An independent professional adviser is being selected to conduct the investigation.
• H shares remain suspended until further notice following the SFC-directed trading halt at 9:00 a.m. on October 13, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sichuan Baicha Baidao Industrial Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261113-12412141), on November 13, 2026, and is solely responsible for the information contained therein.