Huarui Precision: Mr. Yi Bing, the core technical personnel, passed away due to illness.

Hua Rui Precision announced that Mr. Yi Bing, a core technical personnel of the company, passed away recently due to illness. There is no dispute or potential dispute regarding the ownership of patents or other intellectual property rights involving Mr. Yi Bing and the company. His passing will not have a substantial impact on the company's technological advantages, core competitiveness, business development, or product innovation, and will not affect the company's current core technologies and research and development projects.