Zhenyou Technology announced that due to a sales contract dispute with Chaoxun Communications, the company became the defendant. The amount involved is currently 119 million yuan, and the case has not yet been heard. In addition to the 5 accounts that were frozen in the previous period, 3 additional accounts were frozen. 119 million yuan was requested to be frozen, and 459.99 million yuan was actually frozen, accounting for 5.07% of net assets and 14.41% of the monetary fund balance in the most recent period. The frozen accounts were all ordinary accounts, and there was no substantial impact on the company's capital turnover or daily operations. The company will negotiate and communicate to defend its rights in accordance with the law.

Zhenyou Technology announced that due to a sales contract dispute with Chaoxun Communications, the company became the defendant. The amount involved is currently 119 million yuan, and the case has not yet been heard. In addition to the 5 accounts that were frozen in the previous period, 3 additional accounts were frozen. 119 million yuan was requested to be frozen, and 459.99 million yuan was actually frozen, accounting for 5.07% of net assets and 14.41% of the monetary fund balance in the most recent period. The frozen accounts were all ordinary accounts, and there was no substantial impact on the company's capital turnover or daily operations. The company will negotiate and communicate to defend its rights in accordance with the law.