Risconda announced that the company received a first-instance “Criminal Judgment” from the Beijing Third Intermediate People's Court served by directors Li Yuejie and Zhu Chuncheng. Both were sentenced to 1 year and 6 months in prison and fined 1 million yuan each for the crime of disclosing important information in violation of regulations. Li Yuejie is one of the actual controllers. The ruling does not affect the exercise of shareholders' rights, nor does it have a significant adverse impact on production and operation. This judgment is a first instance judgment. It has not yet entered into force, and there is uncertainty about the final outcome.

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