Hengfeng Information: The actual controller Ou Linjie has been detained on suspicion of serious violations of the law.

Hengfeng Information announced that on April 25, the company received a notice that the actual controller, vice chairman and president Eu Linjie, was detained by the Minhou County Supervisory Committee for serious violation of laws. As of the disclosure date, the company has not been required to assist in the investigation. Currently, the legal representative, actual controller, and chairman Wei Xiaoxi of the company are in charge of the work. The company has a sound organizational structure and a standardized governance system, and other directors and senior management are performing their duties normally. The board of directors is operating normally, and the production and operation management situation is normal. The above matter will not have a significant impact on the company's normal production and operation. The company will continue to follow up on the progress of this matter and fulfill its disclosure obligations in a timely manner according to regulations.