Zhejiang Zhenyuan Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
The Company held the 11th Board of Directors' first temporary meeting on June 2, 2026, to review and approve the proposals regarding the removal of Wei Min from his position as director and his dismissal from the position of deputy general manager. The proposal for the removal of Wei Min from his position as director is subject to approval at the Company's first temporary shareholders' meeting in 2026.