United Front in ST: Received execution notice involving an amount of 70.71 million yuan.

ST announced that the company has defaulted on a debt of 70.99 million yuan with the West Zhimen Branch of Industrial Bank Co., Ltd. in Beijing due to business receivables pressure and liquidity issues. Recently, the company received an "execution notice" from the People's Court of Haidian District, Beijing, with an execution target of 70.71 million yuan and execution costs of 138,100 yuan. The impact of this case on the company's profits will be based on the annual audit report. The company will closely monitor the progress of the case and disclose information in a timely manner.