Tianye Group: The company and its chairman, Yao Jiuzhi, were investigated by the Securities and Exchange Commission for suspected violations of laws and regulations related to information disclosure.

Tianye Corporation announced on April 3 that the company and related parties received the "Notice of Filing" issued by the China Securities Regulatory Commission today. The China Securities Regulatory Commission has decided to file a case against the company and Yao Jiuzhi for suspected violations of laws and regulations related to information disclosure.