ST Shijing: In the past twelve months, the amount involved in lawsuits was approximately 408 million yuan, with the unresolved amount accounting for nearly 90% of net assets.

ST Shijing announced that as of the announcement date, the company and its holding subsidiaries have accumulated litigation and arbitration matters involving an amount of approximately 408 million yuan over the past twelve consecutive months, of which the amount in unresolved litigation is 406 million yuan, accounting for 86.94% of the company's most recent audited net assets. There are a total of 34 cases, involving disputes related to sales contracts for accounts receivable, labor contract disputes, etc., with the company and its subsidiaries being defendants in all cases. Given that some cases have not yet gone to court or been resolved, the impact on the company's profits remains uncertain. The company will closely monitor the developments and disclose updates in a timely manner.