Tianyi Shangjia announced that Ms. Wu Peifang, the actual controller and chairman of the company, was placed on hold by the Beijing Mentougou District Supervisory Commission. Recently, the lien measures against Ms. Wu Peifang have been lifted. Currently, Ms. Wu Peifang is able to perform her duties as the chairman of the company normally. Ms. Yang Kaiyi, the vice chairman of the company, no longer performs the duties of the company's chairman and no longer performs the duties of a member of the relevant committee of the company's board of directors.