Hengfeng Information: The actual controller Ou Linjie has been released from detention and released on bail pending trial.

Hengfeng Information Notice: The company has received a notice from its holding subsidiary, Fujian Weishang Life Service Co., Ltd., that the relevant supervisory authorities have lifted the detention measures against the legal representative, actual controller and vice chairman, and president of the company, Ou Linjie. The relevant public security authorities have decided to release him on bail pending trial. On the same day, Ou Linjie has returned to his work position.