Shentong Express: Plaintiff Withdraws Lawsuit in Shareholder Qualification Confirmation Dispute
Shentong Express Announcement: On January 19, 2026, the company received litigation materials delivered by the People's Court of Yuhuan City. An individual, Xi Chunyang, filed a civil lawsuit against the company and one of its actual controllers, Chen Xiaoying, citing a shareholder qualification confirmation dispute, requesting the recognition that 20,284,000 shares registered under Chen Xiaoying's name out of a total of 40,568,500 shares belong to him. On August 3, 2026, the company received a Civil Ruling from the People's Court of Qingpu District, Shanghai, granting the plaintiff Xi Chunyang permission to withdraw the lawsuit. This litigation will not have a significant impact on the company's daily operations or its current and future profits.
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