Oriental Ocean: Lawsuit against the procuratorate's decision not to support the supervision application has no impact on benefits

The East China Sea announced that the company recently received the "Decision of the People's Procuratorate of Shandong Province not to Support the Application for Supervision". Qianhai Daosheng, dissatisfied with the judgment of the Shandong Provincial High Court to apply for supervision, the Procuratorate decided not to support his application. The amount involved includes the cancellation of the principal payment of 30 million yuan, overdue interest, lawyer fees of 20,000 yuan, insurance fees of 135,450 yuan, and shared handling fees of 192,577 yuan with other defendants. This decision will not have any adverse impact on the company's daily operations and current and future financial results.