Jinyun Laser announced that the company recently received the Jiangsu Provincial High People's Court's “Criminal Judgment” No. 39 served by the family of Liang Wei, the controlling shareholder and actual controller. On suspicion of manipulating the securities market, Leung Wai was under surveillance at a designated residence on August 15, 2021, arrested on February 15, 2023, and sentenced to four years' imprisonment and a fine of RMB 12 million in the first instance on December 31, 2024. After Liang Wei filed an appeal, the Jiangsu Provincial High People's Court handed down a final verdict: Liang Wei committed the crime of manipulating the securities market and was sentenced to 3 years and 9 months in prison and a fine of RMB 12 million yuan; his illegal proceeds were recovered, confiscated, and handed over to the national treasury. This judgment is final. Liang Wei is not a director or senior manager of the company. The above judgment is a shareholder's personal act and will not affect the company's current profit or after-period profit. The company's operating conditions are normal.

Jinyun Laser announced that the company recently received the Jiangsu Provincial High People's Court's “Criminal Judgment” No. 39 served by the family of Liang Wei, the controlling shareholder and actual controller. On suspicion of manipulating the securities market, Leung Wai was under surveillance at a designated residence on August 15, 2021, arrested on February 15, 2023, and sentenced to four years' imprisonment and a fine of RMB 12 million in the first instance on December 31, 2024. After Liang Wei filed an appeal, the Jiangsu Provincial High People's Court handed down a final verdict: Liang Wei committed the crime of manipulating the securities market and was sentenced to 3 years and 9 months in prison and a fine of RMB 12 million yuan; his illegal proceeds were recovered, confiscated, and handed over to the national treasury. This judgment is final. Liang Wei is not a director or senior manager of the company. The above judgment is a shareholder's personal act and will not affect the company's current profit or after-period profit. The company's operating conditions are normal.