ST Meigu: The second-instance ruling dismisses part of the lawsuit in the tort liability dispute case.
*ST Meigu announced that, as the appellee involved in the infringement liability dispute case, it received the Guangdong Provincial High People's Court's second instance ruling on August 10, 2026, which overturned the first instance ruling, rejected the plaintiff's lawsuit against Shenzhen Aoyuan Kexing Investment Co., *ST Meigu, and Aoyuan Group Co., Ltd., and directed the Guangzhou Intermediate Court to hear the plaintiff's lawsuit against China Cinda Guangdong Branch and China Aoyuan Group. The plaintiff can still claim related losses through arbitration, and the arbitration result is uncertain. The company will make financial adjustments according to regulations, based on the audit results.
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