Jinhe Business Management: Clarification Announcement on Rumors of Lawsuit with Water Vapor Stone

Jinhe Commercial Management announced that, recently, some media outlets have reported on the company's litigation with Shuiqishi, and the company has made a clarification. The company's operations are stable, and it values shareholder returns. As of December 31, 2025, the company's consolidated statement shows monetary funds and cash equivalents of approximately 220 million yuan, interest-bearing liabilities are zero, and dividends do not affect normal operations. The company is in a dispute with Shuiqishi over contract performance, and any related disputes will be determined by the court. The company will disclose information in accordance with regulations and there is no violation of information disclosure rules. The litigation between the two parties will be decided by the court, and the company will abide by the court's decision and make timely announcements.