[Li Ziyuan: Independent Director Xiao Zuoping is undergoing disciplinary review and supervisory investigation] On October 8, Li Ziyuan (605337.SH) announced that the company’s independent director Xiao Zuoping is currently undergoing disciplinary review and supervisory investigation, and the case involved has nothing to do with the company. Xiao Zuoping has been an independent director of the company since July 2024. He is currently an independent director of the fourth board of directors and serves as chairman of the audit committee and member of the nomination committee. He does not participate in daily operations and management. His inability to perform his duties will not have a significant impact on the company's operations. The company will select new independent directors as soon as possible.