*ST Baoxin announced that the company has received subpoenas and other materials from the People's Court of Gusu District of Suzhou City, and that the dispute case against the Suzhou Branch of Guangfa Bank Co., Ltd. against the Company and other defendants has been filed and accepted, and no judgment has yet been handed down. The total amount involved in the case is tentatively 97.8429 million yuan and related expenses. The plaintiff ordered Suzhou Baoxin Intelligent Manufacturing Co., Ltd. to return the principal amount of the loan of 96.8 million yuan and corresponding interest, penalty interest, compound interest, and 500,000 yuan in lawyers' fees. *ST Baoxin and other defendants were jointly and severally liable for settlement. The plaintiff enjoyed priority compensation for the relevant mortgaged movable property and real estate. Currently, the case has not been decided, and there is still uncertainty about the impact on the company's current or future profits.

*ST Baoxin announced that the company has received subpoenas and other materials from the People's Court of Gusu District of Suzhou City, and that the dispute case against the Suzhou Branch of Guangfa Bank Co., Ltd. against the Company and other defendants has been filed and accepted, and no judgment has yet been handed down. The total amount involved in the case is tentatively 97.8429 million yuan and related expenses. The plaintiff ordered Suzhou Baoxin Intelligent Manufacturing Co., Ltd. to return the principal amount of the loan of 96.8 million yuan and corresponding interest, penalty interest, compound interest, and 500,000 yuan in lawyers' fees. *ST Baoxin and other defendants were jointly and severally liable for settlement. The plaintiff enjoyed priority compensation for the relevant mortgaged movable property and real estate. Currently, the case has not been decided, and there is still uncertainty about the impact on the company's current or future profits.