*ST Xifa: Progress in two lawsuits, the success or failure of reorganization will impact the companys listing fate.

*ST Xifa announced that there are new developments in two lawsuits. In case No. 01 of the Civil First Instance, Carlsberg International has withdrawn its appeal, making the first-instance judgment effective, and the second-instance acceptance fee will be borne by it; in case No. 26 of Civil, both parties' application to lift the preservation measures on the company's regulatory accounts has been granted by the court. This litigation does not directly affect the current profits. In addition, the company has entered restructuring procedures, and if the restructuring fails and bankruptcy is declared, the company's stock will face the risk of delisting.