Tongyuan Environment: The company is not engaged in any business related to the optical module industry chain and has no business relationship with Mr. Wang Xiaodong's employer

The company has noticed recent media reports regarding the agreement transfer to Mr. Wang Xiaodong and his affiliated organization. Upon inquiry with Mr. Wang Xiaodong, it was confirmed that this agreement transfer is solely a personal investment action and has no connection with his employer or family. Upon inquiry with Mr. Feng Xiaowei, it was confirmed that Mr. Feng Xiaowei previously served as a senior investment manager at Xiaocun Capital, but is not a founding partner of Xiaocun Capital. Currently, our company is not engaged in any business related to the optical module industry chain and has no business relationship with Mr. Wang Xiaodong's employer