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*ST Beauty Valley announced that the company, as the appellant, received a second instance ruling from the Guangdong Higher People's Court on August 10, 2026, which annulled the first instance ruling, rejected the plaintiff's lawsuit against Shenzhen Aoyuan Kexing Investment Co., Ltd., *ST Beauty Valley, and Aoyuan Group Co., Ltd. and ordered the Guangzhou Intermediate Court to hear the plaintiff's lawsuit against China Cinda Guangdong Branch and China Aoyuan Group. The plaintiff can still claim related losses through arbitration. The arbitration results are uncertain, and the company will carry out financial processing according to regulations, and the audit results shall prevail.

Zhitongcaijing·08/12/2026 08:17:03
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*ST Beauty Valley announced that the company, as the appellant, received a second instance ruling from the Guangdong Higher People's Court on August 10, 2026, which annulled the first instance ruling, rejected the plaintiff's lawsuit against Shenzhen Aoyuan Kexing Investment Co., Ltd., *ST Beauty Valley, and Aoyuan Group Co., Ltd. and ordered the Guangzhou Intermediate Court to hear the plaintiff's lawsuit against China Cinda Guangdong Branch and China Aoyuan Group. The plaintiff can still claim related losses through arbitration. The arbitration results are uncertain, and the company will carry out financial processing according to regulations, and the audit results shall prevail.