There is a tree: The subsidiary is involved in an arbitration case of 96.4079 million yuan, which has not yet been tried in court.

A tree notice that it has recently received an "Arbitration Notice" from the Shenzhen International Arbitration Court, accepting the arbitration of the "International Logistics Service Contract" related to matters between Qianhai Yuntu and the company's holding subsidiary A Tree Technology and Shenzhen A Tree, involving an amount of 96.4079 million yuan. The applicant requests the arbitrator to order the respondent to pay logistics service fees, delay fees, lawyer fees, etc., and Shenzhen A Tree to bear joint guarantee liability. The arbitration has not yet been heard, and the effect on the company's profits is not yet certain. As of the disclosure date of the notice, the company's other undisclosed litigation and arbitration matters involve 3.5666 million yuan, accounting for 0.39% of the recently audited net assets.