Balk 1798 GP (formerly known as Balk 1798 Group Limited) released a supplementary announcement on June 17, 2024, mentioning that the position and power of its CEO Mr. Lin Fute have been suspended, and the Board of Directors is currently unaware of Mr. Lin's whereabouts. During this period, the executive directors will temporarily perform the duties of the CEO and exercise relevant powers together. The company emphasized that as employees have been arranged to manage various business units, the operation of the group's business has not been significantly affected by this event. The Board of Directors includes executive director Ms. Li Weina, Dr. Zhang Yu, and independent non-executive directors Ms. Cheng Qing and Dr. Song Donglin, and stated that it will continue to evaluate the overall situation of the company and its subsidiaries, and will issue further announcements at an appropriate time. Shareholders and potential investors are reminded to act prudently when trading the securities of the company.

Balk 1798 GP (formerly known as Balk 1798 Group Limited) released a supplementary announcement on June 17, 2024, mentioning that the position and power of its CEO Mr. Lin Fute have been suspended, and the Board of Directors is currently unaware of Mr. Lin's whereabouts. During this period, the executive directors will temporarily perform the duties of the CEO and exercise relevant powers together. The company emphasized that as employees have been arranged to manage various business units, the operation of the group's business has not been significantly affected by this event. The Board of Directors includes executive director Ms. Li Weina, Dr. Zhang Yu, and independent non-executive directors Ms. Cheng Qing and Dr. Song Donglin, and stated that it will continue to evaluate the overall situation of the company and its subsidiaries, and will issue further announcements at an appropriate time. Shareholders and potential investors are reminded to act prudently when trading the securities of the company.