Wealth Dragons Group PLC announced that on December 21, 2022, the board of directors of the company has resolved to suspend the employment of John Lee for an indefinite period. At the same time, the board of directors has established a subcommittee to begin an internal investigation into John Lee's business conduct. Upon completion of the investigation, the duration of which cannot be predicted at this time, the board of directors of Wealth Dragons Group plc will decide whether and what action (if any) will be taken in respect of John Lee.