Shenzhen Jianyi Decoration Group Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or major omissions.
I. Basic Situation of the Major Litigation
In 2023, Shenzhen Jianyi Decoration Group Co., Ltd. (hereinafter referred to as "the Company") and its controlling subsidiary, Guangdong Jianxing Construction Co., Ltd. (hereinafter referred to as "Jianxing Construction"), were involved in a construction contract dispute with Longguang Engineering Construction Co., Ltd., Shenzhen Longguang Real Estate Co., Ltd., and Foshan Chancheng Longguang Junjia Real Estate Co., Ltd. For details, please refer to the Company's announcement on August 30, 2023, published in the Securities Times, China Securities Journal, Shanghai Securities Journal, Securities Daily, and on the Giant Tide Information Network (www.cninfo.com.cn) regarding major litigation and additional cumulative litigation and arbitration (Announcement No.: 2023-113).