Deao General Aviation Co., Ltd. (hereinafter referred to as "the Company" or "Deao General Aviation") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Recently, Deao General Aviation received a civil judgment (No. (2022) Yue 0605 Min Chu 1721) issued by the Nanhai District People's Court of Foshan City (hereinafter referred to as "Nanhai District Court"). The relevant matters are announced as follows:
1. Basic Information of the Case
The Nanhai District Court accepted the case of "dispute over the annulment of company resolutions" filed by plaintiffs Cao Sheng, Yang Jiumei, and Yang Weijian against the Company. The hearings took place on March 1, 2022, and March 31, 2022. For specific details, please refer to the announcement titled "Announcement on Receipt of Court Summons (II)" disclosed on February 18, 2022, on the Giant Tide Information Network (www.cninfo.com.cn) (Announcement No. 2022-025).