Shenzhen Jinjia Group Co., Ltd.
Announcement on the Progress of Prior Arbitration Cases Involving the Company's Controlling Shareholder and Actual Controller
The Company and the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Progress of Prior Litigation and Arbitration Matters
(I) Basic Situation
Case One: On May 22, 2025, Shenzhen Jinjia Group Co., Ltd. (hereinafter referred to as the "Company" or "Jinjia Shares") disclosed in the Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily, and on the Juchao Information Network (www.cninfo.com.cn) the "Announcement on New Arbitration and Enforcement Rulings by the Company's Controlling Shareholder and Actual Controller" (Announcement No.: 2025-039). China Industrial and Commercial Bank of China, Shenzhen Fuyong Branch, was the applicant, and Shenzhen Jinjia Venture Capital Co., Ltd. (hereinafter referred to as "Jinjia Venture Capital" or "Controlling Shareholder"), Shenzhen Yongfengtian Technology Co., Ltd., Shenzhen Jinjia Investment Holding Co., Ltd., and Qiao Luyu were the respondents. An arbitration application was submitted to the Shenzhen Court of International Arbitration.
Case Two: On June 3, 2026, the Company disclosed in the Securities Times, China Securities Journal, Shanghai Securities News, Securities Daily, and on the Juchao Information Network (www.cninfo.com.cn) the "Announcement on New Arbitration Award by the Company's Controlling Shareholder" (Announcement No.: 2026-048). Shanghai Leshang Zhirui Technology Co., Ltd. was the applicant, and Shenzhen Jinjia Investment Holding Co., Ltd. and Jinjia Venture Capital were the respondents. Arbitration was initiated with the Beihai International Arbitration Court, and during the arbitration, a property preservation application was filed with the Shenzhen Nanshan District People's Court.
(II) Progress
On July 28, 2026, the Company received written notice from Jinjia Venture Capital that Jinjia Venture Capital had received the "Notice of Enforcement (2026) Yue 0306 Enforcement No. 19553" from the People's Court of Bao'an District, Shenzhen City, Guangdong Province, the "Ruling on Enforcement (2026) Yue 0306 Enforcement No. 19553-1" from the People's Court of Bao'an District, Shenzhen City, Guangdong Province, the "Notice of Enforcement (2026) Yue 03 Enforcement No. 2022" from the Intermediate People's Court of Shenzhen City, Guangdong Province, and the "Ruling on Enforcement (2026) Yue 03 Enforcement No. 2022" from the Intermediate People's Court of Shenzhen City, Guangdong Province. The progress is as follows: