Baoye Group Company Limited released an inside information announcement on 11 June 2026, confirming that Executive Director Gao Jun is currently subject to lawful investigative measures by relevant mainland authorities.

The board stated that the specific nature and details of the investigation have not yet been confirmed. After receiving initial notice, management attempted to contact Gao Jun but has been unable to reach him.

As of the announcement date, Baoye Group has not received any official notices or legal documents from regulatory, governmental or judicial bodies regarding the investigation, and no information suggests the matter is connected to the Group’s business or operations.

The company emphasized that its business and operations remain normal. The board will monitor developments closely and will issue further disclosures in line with Hong Kong Listing Rules and applicable laws.

Shareholders and potential investors are advised to exercise caution when dealing in Baoye Group’s shares.

The current board composition remains unchanged, comprising Chairman and non-executive Director Pang Baogen, six executive directors (including Gao Jun), and four independent non-executive directors.