ST Everlasting: The company, as the plaintiff, has received the first-instance civil judgment awarding a performance compensation of 175 million yuan.

ST Permanent Announcement: As the plaintiff, the company has received the "Civil Judgment" delivered by the Intermediate People's Court of Suzhou City, Jiangsu Province, which ruled that Lin Zhangwei shall pay the company a performance compensation of 175 million yuan within ten days from the effective date of this judgment, and also bear the case acceptance fee and announcement fee of 917,500 yuan. At present, the company is unable to determine the impact of this case on the current period profit or future period profit of the company.