Wanxun Auto Control announced that the company was involved in an equity transfer dispute involving an amount of 172 million yuan. The company is the defendant, and the case has not yet been heard. Recently, the company received the “Civil Ruling” and “Notice of Seizure, Seizure, and Freeze Assets” from the Nanshan District People's Court of Shenzhen. The court ruled to seize, seize or freeze assets worth 172 million yuan under the company's name, and has taken measures to freeze the company's 13 bank accounts. As of September 20, 2026, the total amount of funds actually frozen in the above accounts was about 383.183,000 yuan, accounting for 3.86% of the company's most recent audited net assets, and will not have a significant impact on the company's daily production and operation. The company has submitted an application to lift the freeze. The processing results are uncertain, and the outcome of the lawsuit and the impact on profit and loss cannot be assessed at this time.

Wanxun Auto Control announced that the company was involved in an equity transfer dispute involving an amount of 172 million yuan. The company is the defendant, and the case has not yet been heard. Recently, the company received the “Civil Ruling” and “Notice of Seizure, Seizure, and Freeze Assets” from the Nanshan District People's Court of Shenzhen. The court ruled to seize, seize or freeze assets worth 172 million yuan under the company's name, and has taken measures to freeze the company's 13 bank accounts. As of September 20, 2026, the total amount of funds actually frozen in the above accounts was about 383.183,000 yuan, accounting for 3.86% of the company's most recent audited net assets, and will not have a significant impact on the company's daily production and operation. The company has submitted an application to lift the freeze. The processing results are uncertain, and the outcome of the lawsuit and the impact on profit and loss cannot be assessed at this time.