ST Huaxing: Disclosure of progress in debt restructuring, new litigation involves 19.22 billion yuan.

ST Huaxing announced that as of May 31, 2026, the total amount of financial debt restructuring in the "Debt Restructuring Plan" has reached approximately 192.669 billion yuan, with 202.03 billion yuan in interest reduction and penalty interest exemption; the equity of the "Happiness Selection" and "Happiness Preferred" platforms will be used to offset debts of approximately 23.662 billion yuan. During the same period, the company has accumulated debts of 27.442 billion yuan that have not been repaid on time, with no new debts added. From May 1 to 31, the amount of new litigation and arbitration cases is 19.22 billion yuan, and the cases are still in progress.