According to the Tianhai Defense Notice, it recently received a “Civil Ruling” from the Shanghai Financial Court, which ruled to allow plaintiff Li Lu to withdraw the lawsuit. The original lawsuit included processing the cancellation of sales restrictions for the 68,619,241 shares held by him, and compensation of 114 million yuan for capital consumption losses, etc. The case handling fee was reduced by half and collected 41,100 yuan, which was borne by Li Lu. Some of Li Lu's original shares have been auctioned off. The withdrawal of the lawsuit will not adversely affect the company's daily production, operation and profit and loss. The performance compensation case has not yet been implemented, and the company will go through the procedures to lift the stock ban in accordance with regulations.

According to the Tianhai Defense Notice, it recently received a “Civil Ruling” from the Shanghai Financial Court, which ruled to allow plaintiff Li Lu to withdraw the lawsuit. The original lawsuit included processing the cancellation of sales restrictions for the 68,619,241 shares held by him, and compensation of 114 million yuan for capital consumption losses, etc. The case handling fee was reduced by half and collected 41,100 yuan, which was borne by Li Lu. Some of Li Lu's original shares have been auctioned off. The withdrawal of the lawsuit will not adversely affect the company's daily production, operation and profit and loss. The performance compensation case has not yet been implemented, and the company will go through the procedures to lift the stock ban in accordance with regulations.