Announcement on the Progress of Major Litigation Involving Subsidiary

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

1. Current stage of the case: First-instance judgment has been made.
2. Position of the company: The subsidiary is the defendant.
3. Amount involved in the litigation: 61.1987 million yuan (excluding acceptance fees, litigation preservation fees, etc.).
4. Impact on the company's profit and loss: The company is actively appealing the first-instance judgment. The potential impact of this litigation on the company's current or future profits cannot be estimated at this time.