Nanan Medical: Actual controller Li Ping criminally detained on suspicion of insider trading

Nanwei Co., Ltd. announced that on November 15, 2026, the company received notification from the family of Li Ping, the company's actual controller, that Li Ping was criminally detained by police on suspicion of insider trading in connection with his reduction of shareholdings in the public market in 2023, and the case is under investigation. As of the date of this announcement, no change has occurred in the company's control. In addition to serving as the company's actual controller, Li Ping does not hold any position at the company. The company's directors and senior management are performing their duties normally, and the company's production and operations are currently normal. The above matter will not have a material impact on the company's normal production and operations. The company will continue to monitor the progress of the above matter and timely fulfill its information disclosure obligations in accordance with regulations.