Jiacheng International: Chairman also serves as General Manager, CSCI Pengyuan maintains rating.

Jiacheng International announced that due to personal reasons, Huang Ping has resigned from the positions of director, member of the Nomination Committee of the Board of Directors, and General Manager of the company, and will no longer hold any position in the company. After review by the Board of Directors, Huang Yanting has been appointed as the Chairman of the Board and General Manager of the company. Huang Yanting is one of the actual controlling persons of the company. Zhongzheng Pengyuan has decided to maintain the company's main credit rating at AA-, the credit rating of "Jiacheng Convertible Bonds" at AA-, with a stable outlook, valid until the duration of the "Jiacheng Convertible Bonds". Zhongzheng Pengyuan will closely monitor the situation.