Securities Code: 300410
Securities Abbreviation: Zhengye Technology
Announcement No.: 2026-039
Guangdong Zhengye Technology Co., Ltd.
Announcement on Accumulated Litigation and Arbitration Matters
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Guangdong Zhengye Technology Co., Ltd. (hereinafter referred to as the "Company") has, in accordance with the "Shenzhen Stock Exchange GEM Stock Listing Rules," compiled statistics on the accumulated litigation and arbitration matters that occurred within twelve months for the company and its consolidated entities. The amounts involved have reached the information disclosure standards. The relevant situation is hereby announced as follows:
I. Basic Situation of Accumulated Litigation and Arbitration Matters
According to the "Shenzhen Stock Exchange GEM Stock Listing Rules," as of the date of this announcement, in addition to the previously disclosed litigation and arbitration matters, the company and its consolidated entities have newly accumulated 25 litigation and arbitration matters within the twelve-month period. The total amount involved in litigation is RMB 2,747.23 million (the same currency applies hereinafter), accounting for 10.45% of the company's latest audited net assets.
Among these, there are 8 litigation and arbitration cases where the company and its consolidated entities are the plaintiffs, with a total amount involved of RMB 817.12 million. There are 17 litigation and arbitration cases where the company and its consolidated entities are the defendants, with a total amount involved of RMB 1,930.11 million. For specific litigation and arbitration details, please refer to the appendix.
II. Other Undisclosed Litigation and Arbitration Matters
As of the date of this announcement, there are no single litigation or arbitration matters involving the company and its consolidated entities within the twelve-month period that should be disclosed but have not been disclosed, where the amount involved accounts for more than 10% of the absolute value of the company's latest audited net assets and exceeds RMB 10 million.
III. Possible Impact of Accumulated Litigation and Arbitration Cases on the Company's Current or Future Profits
As of now, the company's production is normal and operations are stable. The aforementioned litigation and arbitration cases have not had a significant adverse impact on the company's current operations. The company has accrued a provision for liabilities of RMB 805.12 million in its 2025 annual report based on previous judgments and arbitral awards. Given that some cases have not yet been heard or concluded, the impact of these litigation and arbitration matters on the company's current and future profits is uncertain. The company will make corresponding accounting treatments in accordance with accounting standards and the progress of the cases. The actual impact on the company's current and future profits will be subject to the results confirmed by the audit institution's annual audit.