On April 30, Ping An Asset Management Co., Ltd. announced that Luo Shuiquan would no longer hold the position of General Manager due to work adjustments. To ensure the company's sustained and effective Operation, the Board of Directors appointed Chairman Huang Yong to concurrently serve as the temporary head of the General Manager, exercising the powers of the General Manager. Ping An Asset Management stated that this personnel change would not affect the company's normal Operation, and the governance structure is stable, with a complete talent pipeline and orderly progress in various tasks. The company is currently advancing the hiring of a new General Manager in an orderly manner.