Lanqi Technology: Mr. Shangang, the core technical personnel, passed away due to illness.

Announcement from Lanqi Technology: Mr. Shangang, the company's core technical personnel, recently passed away due to illness. Mr. Shangang joined the company in 2005 and served as the head of the company's Market Application Technology Department since December 2015. The company expresses deep sorrow for Mr. Shangang's passing and extends heartfelt condolences to his family. The company states that the current research and development team has the ability to continue core technology research and development, and Mr. Shangang's passing will not have a significant impact on the company's research and operations.