Moen Electric announced that as of the disclosure date of this announcement, progress has been made in some of the cumulative lawsuits and arbitration matters disclosed earlier: the company sued China Railway Construction and Electrification Bureau Group Southern Engineering Co., Ltd. with a sales contract dispute involving 12.317,600 yuan, which has been fully executed and the company has withdrawn; the company sued China Railway First Bureau Group Construction and Installation Engineering Co., Ltd. involving an amount of 41,521,000 yuan. The court has completed the deduction of the funds, the execution part has been terminated, and the remaining unfulfilled portion of the contract is still being processed; 17 separate claims involving the amount of 10 million yuan The total amount of money involved in the following completed cases was 38,192 million yuan. The company and its holding subsidiaries have had no major lawsuits or arbitration matters for 12 consecutive months, and there is uncertainty about the impact of some unresolved cases on profits.

Moen Electric announced that as of the disclosure date of this announcement, progress has been made in some of the cumulative lawsuits and arbitration matters disclosed earlier: the company sued China Railway Construction and Electrification Bureau Group Southern Engineering Co., Ltd. with a sales contract dispute involving 12.317,600 yuan, which has been fully executed and the company has withdrawn; the company sued China Railway First Bureau Group Construction and Installation Engineering Co., Ltd. involving an amount of 41,521,000 yuan. The court has completed the deduction of the funds, the execution part has been terminated, and the remaining unfulfilled portion of the contract is still being processed; 17 separate claims involving the amount of 10 million yuan The total amount of money involved in the following completed cases was 38,192 million yuan. The company and its holding subsidiaries have had no major lawsuits or arbitration matters for 12 consecutive months, and there is uncertainty about the impact of some unresolved cases on profits.