Haichang Ocean Park: The Chairman of the Board of Directors, Executive Director and CEO Yu Faxiang has been taken coercive measures by the criminal law enforcement.

On the evening of December 22, Hai Chang Ocean Park announced on the Hong Kong Stock Exchange that the group had received notification from the family of its Chairman, Executive Director, and CEO, Yu Faxiang, that Yu Faxiang had been taken into custody by the Shaoxing Public Security Bureau for suspected criminal activities, and the case was under investigation. As of the date of this announcement, the company has not received any requests from the relevant authorities for assistance in the investigation, and there has been no change in the company's control. Apart from this announcement, the company's directors and senior management are performing their duties normally, and the company's production and operation are all normal. It is expected that these matters will not have a significant impact on the group's normal production and operation. Yu Faxiang intends to entrust the company's Executive Director, Ouyang Ming, to act on behalf of the Chairman of the Board, Executive Director, and CEO until further notice.