Basic Situation of the Matter
On June 28, 2024, the company received a notice from its controlling shareholder, Zhuhai Rongcheng Investment Center (Limited Partnership), stating that the administrator of Zhongzhi Enterprise Group Co., Ltd. has applied to the Beijing First Intermediate People's Court for substantive consolidation bankruptcy liquidation of Zhongzhi Group and 247 related enterprises, including Zhuhai Rongcheng. The application is based on the high degree of correlation and legal personality confusion among these enterprises, arguing that distinguishing their assets would be excessively costly and that individual bankruptcy liquidation would severely harm the equitable repayment interests of all creditors. Zhuhai Rongcheng guarantees that the information provided to the company is true, accurate, and complete, without false records, misleading statements, or significant omissions. The company and all members of the board guarantee that the announcement content is consistent with the information provided