ST Whalun announced that the company recently received legal documents served by the Third People's Court of Dongguan City. The court has accepted Zhao Jianhua's lawsuit against the company to confirm the validity of the dispute. The company is the defendant. The plaintiff requested confirmation that the resolution of the 11th meeting of the 5th board of directors of the company on June 24, 2026 “Proposal on the Election of the Chairman of the Fifth Board of Directors of the Company” was not passed, and that the content of the resolution electing Xing Yue as chairman and Zhao Jianhua no longer as chairman had no legal effect, and that the litigation costs were borne by the company. The company stated that the current board meeting and voting were in accordance with the regulations, and that the resolution was legal and valid. This case has yet to be tried in court, and the verdict is uncertain, and the impact on the company's profits cannot yet be estimated.

ST Whalun announced that the company recently received legal documents served by the Third People's Court of Dongguan City. The court has accepted Zhao Jianhua's lawsuit against the company to confirm the validity of the dispute. The company is the defendant. The plaintiff requested confirmation that the resolution of the 11th meeting of the 5th board of directors of the company on June 24, 2026 “Proposal on the Election of the Chairman of the Fifth Board of Directors of the Company” was not passed, and that the content of the resolution electing Xing Yue as chairman and Zhao Jianhua no longer as chairman had no legal effect, and that the litigation costs were borne by the company. The company stated that the current board meeting and voting were in accordance with the regulations, and that the resolution was legal and valid. This case has yet to be tried in court, and the verdict is uncertain, and the impact on the company's profits cannot yet be estimated.