Jinhe Commercial Management: Settlement Reached in Cross-Border Creative Park Compensation Lawsuit, Another Case has been Appealed.

Jinhe Commercial Management announced that the company has reached a settlement with GDTV Pudong on the compensation for the demolition of houses in the Creative Park, and the defendant is required to pay the plaintiff 56.4236 million yuan before February 5, 2027. In addition, in the case of a lease contract dispute between Tong Changshengye Xin Hui City San Business Management Co., Ltd. and Beijing Rongchang Investment Management Co., Ltd., the former has appealed the first-instance judgment. There have been no significant developments in other lawsuits with a value of over 10 million yuan. This development does not affect normal operations, and the impact on the performance for the year 2026 will be based on the audit results.