Management Change/Compensation (Form 8-K)

Item 5.02. Departure of Directors or Principal Officers; Appointment of Principal Officers.

Effective January 8, 2026, the President, Qianglong Zeng, and the Secretary, Jiexin Wang, of the Company resigned from their respective officer positions. Mr. Zeng continues to serve as a member of the Company's Board of Directors. Such resignations were not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

On January 8, 2026, the Board of Directors appointed Mengqing Fan, the Company's current Chief Executive Officer, to also serve as President, and appointed Kairui Yu, a current member of the Company's Board of Directors, to serve as Secretary of the Company, effective immediately.

There are no arrangements or understandings between Ms. Fan or Mr. Yu and any other persons pursuant to which they were appointed to their respective positions, and there are no family relationships between either of them and any director or executive officer of the Company.