Zitong Financial App News, Shanghai Silicon Industry (688126.SH) issued an announcement. On August 9, 2022, the company learned from the website of the Central Commission for discipline Inspection and State Supervision Commission that Yang Zhengfan, a director of the company, was suspected of serious discipline violations and was under the jurisdiction designated by the Central Commission for discipline Inspection and State Supervision Commission. He is currently under the discipline examination and investigation of the discipline inspection and supervision team of the Central Commission for discipline Inspection and the Ministry of Industry and Information Technology under the State Supervision Commission of Beijing Municipality.

In view of the above reasons, Yang Zhengfan is unable to perform his duties as a director. Yang Zhengfan does not hold any other positions in the company and does not participate in the daily operation and management of the company except as a director, vice chairman, a member of the strategy committee of the board of directors and a member of the remuneration and assessment committee of the board of directors. This matter will not have an impact on the company's production and operation, financial situation, etc.