1. According to the inquiry of official website of Shanxi Unicom, the principal of the participating enterprise annuity fund with investment and operation losses was all lost, or the income was lower than the management fee, and the principal was exhausted, resulting in the decrease of enterprise annuity of Shanxi Unicom.

2. Illegal misappropriation of funds by participating in illegal operations within the enterprise, resulting in financial losses, mistakes in the operation of annuity management institutions, and errors in personal accounts, resulting in insufficient collection of enterprise annuities in Unicom.