Mogao Co., Ltd. announced that the company's Director Du Guangzhen received a "Notice of Case Filing" issued by the China Securities Regulatory Commission due to suspected insider trading, and the China Securities Regulatory Commission decided to file a case against Du Guangzhen. This case filing is only directed at the Director personally and will not affect the company's daily production and Operation activities. During the investigation period, the company and relevant personnel will actively cooperate with the investigation work of the China Securities Regulatory Commission and strictly fulfill the information disclosure obligations in accordance with regulatory requirements. The company will continue to pay attention to the progress of the above matters and will strictly fulfill its information disclosure obligations in a timely manner as required by relevant laws and regulations.