Hunan Kechuang Information Technology Co., Ltd. (hereinafter referred to as "the Company") announces the following regarding accumulated litigation and arbitration situations based on the relevant rules of the Shenzhen Stock Exchange:
1. Basic Situation of Accumulated Litigation and Arbitration
According to the rules of the Shenzhen Stock Exchange, there have been litigation and arbitration cases involving the Company. The accumulated amount of claims has reached the latest economic review threshold of 10% or more, with the total amount exceeding RMB 1 million, which should be disclosed. The Company has followed the relevant regulations and has not included any miscalculations.