According to the announcement of Zhengping Co., Ltd., the company and its subsidiaries added 2 new lawsuits, all of which have been accepted by the court but have not yet been heard, and the company is one of the defendants. The plaintiff, Bank of Qinghai, filed a civil lawsuit against the company and other relevant parties due to the company's failure to repay the principal and interest of the loan on time. The total amount involved in the two loan contract disputes was 132 million yuan. The impact of this new lawsuit on the company's profits in the current period and after the period is uncertain. In the end, the final court ruling prevails. After the final judgment, the company will carry out corresponding accounting treatment.

According to the announcement of Zhengping Co., Ltd., the company and its subsidiaries added 2 new lawsuits, all of which have been accepted by the court but have not yet been heard, and the company is one of the defendants. The plaintiff, Bank of Qinghai, filed a civil lawsuit against the company and other relevant parties due to the company's failure to repay the principal and interest of the loan on time. The total amount involved in the two loan contract disputes was 132 million yuan. The impact of this new lawsuit on the company's profits in the current period and after the period is uncertain. In the end, the final court ruling prevails. After the final judgment, the company will carry out corresponding accounting treatment.