ST Dongshi: Controlled Grandsubsidiary Files Service Contract Dispute Lawsuit Involving RMB 5.9526 Million

ST Dongshi announced that its controlled subsidiary's subsidiary, Oriental Fashion General Aviation Co., Ltd., filed a lawsuit with the Xihua County People's Court in Henan Province over a service contract dispute with Oriental Fashion Co., Ltd. It has received the case acceptance and payment notice. The total amount involved is 5.9526 million yuan, including 5.1735 million yuan in service fees and 779,100 yuan in provisionally calculated overdue payment interest. The case has not yet been heard. As of the disclosure date of the announcement, the company and its controlled subsidiaries have had a cumulative total of 5 newly added litigation cases in the past twelve consecutive months, involving principal amounts of 11.7792 million yuan, accounting for 15.38% of the latest audited net assets. It remains uncertain whether the company's pre-reorganization will proceed to formal reorganization proceedings. If the court accepts the reorganization application, the company's shares will be subject to a delisting risk warning.