CHENMING PAPER (01812) has recently added a total of 56 new litigation cases due to reasons such as overdue debts and contract performance disputes.

CHENMING PAPER (01812) announced that from June 12, 2026, to August 13, 2026, the Group has added a total of 56 litigation cases due to reasons such as overdue debts and contract performance disputes, with the company being the defendant/respondent in all cases. The total amount involved in the aforementioned cases is RMB 792.887 million, of which there are 5 decided cases involving a total amount of RMB 1.1713 million; and 51 undecided cases involving a total amount of RMB 791.7157 million. There are two significant cases where the amount involved exceeds 10% of the absolute value of the company's latest audited net assets, and the absolute amount exceeds RMB 10 million: The Hubei Yangtze River (Huanggang) Industrial Investment Fund Partnership (Limited Partnership) has filed an arbitration with the Huanggang Arbitration Commission regarding a contractual dispute over the transfer of its equity interest in the Hubei Yangtze River Chenming Huanggang Equity Investment Fund Partnership (Limited Partnership), with an amount involved of RMB 326 million; and the National Development Fund Co., Ltd. has filed a lawsuit with the Guangzhou Intermediate People's Court regarding a contractual dispute related to increasing capital in its holding subsidiary, Zhanjiang Chenming Pulp and Paper Co., Ltd., with an amount involved of RMB 387.4702 million. As of the date of this announcement, the aforementioned two cases have not yet been heard in court. At this stage, there are no enforcement procedures in progress regarding the aforementioned litigation, and there is no substantial impact on the company's production and operations. The Group is appropriately advancing the resolution of related litigation and arbitration cases through communication and negotiation, actively responding, and reaching settlements with creditors. The company will conduct corresponding accounting treatments based on accounting standards and the actual progress of the cases, with the specifics subject to the companys audited financial reports. Currently, all of the companys production bases are operating stably, and the production and business situation continues to improve. The company will continue to deepen the implementation of refined management plans for cost reduction and efficiency enhancement, optimize product structure, intensively develop market expansion, improve operating cash flow through multiple measures, responsibly handle litigation matters, and promote the company's stable and sustainable development.