Announcement on Cumulative Litigation and Arbitration Matters

✨ AI Summary

This announcement provides an overview of cumulative litigation and arbitration matters involving the company and its subsidiaries. As of the disclosure date, the total amount involved in these matters is approximately RMB 120.85 million, representing 11.75% of the company's latest audited net assets. The company will actively manage these cases to protect the rights of investors, although the impact on profits remains uncertain.

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