Announcement on the Progress of Litigation Involving Wholly-Owned Subsidiary and Receipt of First Instance Judgment

Nanjing Sciyon Wisdom Technology Group Co., Ltd.·July 6, 2026·2 pages

✨ AI Summary

This announcement details a lawsuit filed by Shanghai Pudong Development Bank Nantong Branch against Nanjing Keyuan Smart Energy Investment Co., Ltd. for property damage compensation. The court ruled that the subsidiary was not at fault, dismissing the plaintiff's claim for joint and several liability. The outcome remains uncertain as the plaintiff has the right to appeal.

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Full Translation

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Securities Code: 002380

Securities Abbreviation: Keyuan Smart

Announcement No.: 2026-021

Nanjing Keyuan Smart Technology Group Co., Ltd.

Announcement on the Progress of Litigation Involving Wholly-Owned Subsidiary and Receipt of First Instance Judgment

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

I. Overview and Progress of the Litigation

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