Infit Electronics (Hangzhou) Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
Recently, the Company received a notification from its controlling shareholder and actual controller, Mr. Guichao Hua, regarding the release of a pledge on part of his shares. The specific situation is as follows: