ST Huapeng: Huapeng Shandong Glass Products Co., Ltd., a company and its subsidiaries, is involved in a lawsuit worth 100 million yuan.

Announcement from ST Huapeng: The company and its subsidiary Shandong Huapeng Shidao Glass Products Co., Ltd. are involved in a dispute over a financing lease contract lawsuit, with the amount involved being 1 billion yuan of principal, interest, and default penalties. The plaintiff, Shandong Development Green Financing Lease Co., Ltd., filed a lawsuit with the People's Court of Jinan High-tech Industrial Development Zone on April 22, 2026. The company received legal documents such as the "Civil Complaint" on June 30, 2026, and the case is scheduled to be heard on August 12, 2026. The company is currently unable to predict the impact of this lawsuit on its current or future profits, and will fulfill its disclosure obligations in a timely manner based on the progress of the lawsuit.