Painuo Technology: Chairman Li Jian has been released on bail pending trial and resigned as chairman.

Painuo Technology Announcement: On May 23rd, the company received notice from Chairman Li Jian that he had received a "Bail Pending Trial Decision" issued by the Public Security Bureau of Nanchang City. The Public Security Bureau of Nanchang City has decided to release him on bail pending trial, with the period starting from May 23, 2026. Li Jian submitted a written resignation to the company's board of directors on May 24, 2026, applying to resign from the positions of chairman of the board and legal representative. After resigning, Li Jian will continue to serve as a director of the company.