*ST Zhongyan announced that the company has received documents responding to the lawsuit from the Jiading District People's Court of Shanghai, and Wu Xianglei's lawsuit against the company and its wholly-owned subsidiary Shanghai Lixing and the subject latitude recovery dispute has been accepted, involving an amount of 26.55 million yuan. The plaintiff claimed that after assuming the guarantee liability, it exercised the right of recovery and demanded that Shanghai make every effort to repay the payment and liquidated damages, and that the company and the subject latitude bear joint and several liability for settlement. From October 29, 2026 to the disclosure date of this announcement, the Company and its holding subsidiaries added a total of 5 new lawsuits and arbitration cases, involving a total amount of 306.34 million yuan. The case has yet to be heard, the verdict has not yet been determined, and there is uncertainty about the impact on the company's profits.

*ST Zhongyan announced that the company has received documents responding to the lawsuit from the Jiading District People's Court of Shanghai, and Wu Xianglei's lawsuit against the company and its wholly-owned subsidiary Shanghai Lixing and the subject latitude recovery dispute has been accepted, involving an amount of 26.55 million yuan. The plaintiff claimed that after assuming the guarantee liability, it exercised the right of recovery and demanded that Shanghai make every effort to repay the payment and liquidated damages, and that the company and the subject latitude bear joint and several liability for settlement. From October 29, 2026 to the disclosure date of this announcement, the Company and its holding subsidiaries added a total of 5 new lawsuits and arbitration cases, involving a total amount of 306.34 million yuan. The case has yet to be heard, the verdict has not yet been determined, and there is uncertainty about the impact on the company's profits.