Otwai: Core technical personnel Jiang Xuan resigns, does not affect the company's core competitiveness.

Otway announcement stated that core technical personnel Jiang Xuan recently resigned for personal reasons and will no longer hold any position in the company. The intellectual property rights, including patents applied for during his tenure, belong to the company without dispute. Jiang Xuan has signed a "Confidentiality Agreement" and a "Non-competition Agreement," and has completed the handover of his responsibilities. As of the end of 2025, the company had 13 core technical personnel, which is now reduced to 12. The company's research and development work is proceeding as normal, and his resignation will not have a substantial impact on the company's core competitiveness and technological innovation. The company will increase the recruitment and training of professional technical personnel and improve its research and development mechanism. The company will repurchase and cancel the 650 restricted shares owned by Jiang Xuan.