Galaxy Electronics: Suspected of corporate bribery, its subsidiary Tongzhi Mechano-Electrical and its former legal representative have been charged with criminal prosecution.

Galaxy Electronics announced that its wholly-owned subsidiary, Hefei Tongzhi Electromechanical Control Technology Co., Ltd., has received a "Complaint" filed by a certain procuratorate through a certain court, initiating criminal proceedings against Tongzhi Electromechanical's former legal representative Zhang Hong and the company itself for alleged bribery. The case has not yet gone to trial, and the exact impact of this litigation on the company's current or future profits cannot be accurately estimated at this time. The final actual impact will depend on the court's judgment. The company and its subsidiaries have no other major litigation or arbitration matters.