Announcement Regarding Accumulated Litigation

Shenzhen SED Industry Co., Ltd.·July 22, 2026·25 pages

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Shenzhen Sangda Industrial Co., Ltd. announces 185 ongoing litigation and arbitration cases totaling RMB 948,622,992.58, exceeding 10% of its net assets. The company and its subsidiaries are plaintiffs in 25 cases (RMB 776,926,080.44) and defendants in 160 cases (RMB 171,696,912.14). The company is actively managing these cases.

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Securities Code: 000032 Securities Abbreviation: Shenzhen Sangda A Announcement No.: 2026-051

Shenzhen Sangda Industrial Co., Ltd.

Announcement Regarding Accumulated Litigation

The Company and all members of its Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

I. Litigation and Arbitration Matters

(I) Litigation and Arbitration Matters Not Previously Disclosed

Since the date of the last litigation announcement, Shenzhen Sangda Industrial Co., Ltd. (hereinafter referred to as the "Company") and its controlled subsidiaries have been involved in a total of 185 litigation and arbitration cases, with a total amount involved of RMB 948,622,992.58, which exceeds 10% of the Company's latest audited net assets (based on 2025 annual report data). Among these, the Company and its controlled subsidiaries are plaintiffs in 25 cases, with a total amount involved of RMB 776,926,080.44; and defendants (including third parties) in 160 cases, with a total amount involved of RMB 171,696,912.14.

Company (Including Controlled Subsidiaries) Litigation and Arbitration Cases:

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