YIDA CHINA (03639): is currently seeking legal advice and actively negotiating repayment arrangements for the outstanding principal amount and accumulated interest of the loan repayment.

YIDA CHINA (03639) announced that its subsidiaries Rongtai Company and Zhengzhou Yida have failed to repay the principal and corresponding interest of the North Trust loan. Recently, the company's subsidiaries received a "Civil Complaint" from North Trust (plaintiff) against Rongtai Company (defendant one, borrower, mortgagor), Zhengzhou Yida (defendant two, co-guarantor, mortgagor), Dalian Software Park Rongyuan Development Co., Ltd. (defendant three, mortgagor), and Dalian Jiadao Technology Development Co., Ltd. (defendant four, mortgagor) delivered by the Second Intermediate People's Court of Tianjin Municipality. The plaintiff seeks an order to: (i) require defendant one and defendant two to repay the loan principal of approximately RMB 482 million and corresponding interest, penalty interest, default interest, totaling approximately RMB 612 million by September 21, 2025; (ii) grant the plaintiff the right to priority payment within the agreed mortgage amount range based on the value of the collateral provided by each mortgagor; and (iii) require defendant one and defendant two to bear the costs incurred by the plaintiff in realizing the debt. The company is currently seeking legal advice and actively negotiating arrangements for the repayment of the outstanding loan principal and accumulated interest. The company will continue to monitor the developments of the legal proceedings mentioned above and will issue further announcements to update on the progress of the situation in a timely manner.