*ST Chunxing announced that there have been new developments in the two lawsuits. In case 1, the company applied to resume execution of Suzhou Industrial Park Kanliante Technology Co., Ltd. and Sun Jiexiao's payment of 108 million yuan of equity transfer arrears and overdue interest. The court has already filed a case; in case 2, the subsidiary Huizhou Chunxing's appeal was rejected, upheld the original judgment, and was required to bear 38.263,400 yuan for purchase payments, etc., and 11,600 yuan for the second trial processing fee. Currently, the two cases have had no adverse impact on the company's current and subsequent profits. The final impact is subject to execution and audit results.

*ST Chunxing announced that there have been new developments in the two lawsuits. In case 1, the company applied to resume execution of Suzhou Industrial Park Kanliante Technology Co., Ltd. and Sun Jiexiao's payment of 108 million yuan of equity transfer arrears and overdue interest. The court has already filed a case; in case 2, the subsidiary Huizhou Chunxing's appeal was rejected, upheld the original judgment, and was required to bear 38.263,400 yuan for purchase payments, etc., and 11,600 yuan for the second trial processing fee. Currently, the two cases have had no adverse impact on the company's current and subsequent profits. The final impact is subject to execution and audit results.