ST Changyuan: Multiple lawsuits are in the execution, appeal, or retrial stage.

ST Changyuan announced that the company has new developments in several litigation cases. In the construction contract litigation, two cases have reached a final judgment, and the subsidiary has applied for enforcement; in the equity transaction litigation, one case is under appeal and the other has been sent back for retrial. The case between Shandong Zhibo and the company regarding securities false statement liability is in the second-instance trial stage, with the amount in question approximately 572 million yuan. The company has made payments according to the first-instance judgment. The final impact of this litigation on net profit will depend on the audit results.