On October 16, Chengdu Silicone Treasure Technology Co., Ltd. announced that it had received a "Commitment Letter on Voluntary Non-Reduction of Company Shares" signed by 11 senior executives led by Chairman Wang Youzhi. Based on their confidence in the company's future prospects and recognition of the company's value, the promisors voluntarily made the following commitment to support the company's continuous, stable and healthy development and protect the interests of investors and shareholders:

Within 6 months from the date of this announcement (i.e. from October 17, 2023 to April 16, 2024), no reduction of the company's shares held by them shall be made. During the above commitment period, the promisors shall also abide by the above commitment of non-reduction for the new shares obtained due to the capital reserve conversion to capital increase, stock dividend distribution, stock allocation and capital increase of the company.