Nar Co. Clarifies That Neither the Company Nor Its Directors, Senior Management, or Employees Are Under Investigation or Penalized for Suspected Insider Trading

36Kr learned that Nar Co. announced it noted a recent article published on relevant media platforms titled "Nar Co. Insider Trading Case: Xue Yinfei Fined a Total of 2.169 Million Yuan, Controlled 3 Accounts With Cumulative Trades Exceeding 2.97 Million Yuan." The individual named in the article's headline, Xue Yinfei, was formerly deputy general manager of the company proposed as a restructuring target, whose employer was Shanghai Failai Testing Technology Co., Ltd. On January 14, 2026, the company announced the termination of its share acquisition letter of intent with that restructuring target. Xue Yinfei has no relationship with Nar Co. and is not an employee of the company. Neither Nar Co. nor its directors, senior management, or employees are under investigation or penalized for suspected insider trading.