Guizhou Bailing announced that Jiang Wei, the company's actual controller, was sued by the China Securities Regulatory Commission on suspicion of insider trading, illegal disclosure of information, and transfer of shares in violation of restrictive regulations. The filing of this case is an investigation of Jiang Wei, the actual controller of the company. It has nothing to do with the company's daily operation management and business activities, and will not affect the production and operation activities of listed companies and subsidiaries.

Guizhou Bailing announced that Jiang Wei, the company's actual controller, was sued by the China Securities Regulatory Commission on suspicion of insider trading, illegal disclosure of information, and transfer of shares in violation of restrictive regulations. The filing of this case is an investigation of Jiang Wei, the actual controller of the company. It has nothing to do with the company's daily operation management and business activities, and will not affect the production and operation activities of listed companies and subsidiaries.