BAOYE GROUP(02355.HK): Executive Director Gao Jun Under Investigation, Uncontactable by the Company

NewTimeSpace News: Baoye Group Co., Limited (02355.HK) released an inside information announcement on June 11, 2026. The Company recently learned that Mr. Gao Jun, its Executive Director, has been subject to legal measures taken by relevant authorities of the People's Republic of China in relation to an ongoing investigation. The specific nature and details of the matter are pending further confirmation by the authorities. The Board and management of the Company have attempted to contact Mr. Gao, but have failed to reach him as of the date of this announcement.
The Company confirms that up to the date hereof, it has not received any official notices or legal documents regarding the aforesaid investigation from any regulatory, governmental or judicial authorities. There is no information indicating that the matter is directly related to the Group's business and/or operations. The Group's business and operations continue to operate normally as at the date of this announcement.

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