Longyuan Technology: The company is involved in two major lawsuit cases with an amount of about 208 million yuan.
Longyuan Technology Announcement: The company has separately filed lawsuits against Shouguang Yuhua Biotechnology Co., Ltd. and its guarantor, and Wenshui Funo Biotechnology Co., Ltd. and its guarantor due to contract disputes. Both cases have been officially accepted by the Yantai Intermediate People's Court. The total amount involved in the two cases is currently 2.08 billion yuan for the main claims and 63.7583 million yuan for the counterclaims. The company has not yet had a court hearing, and the final impact will depend on the court's judgment.
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