ST Huawen announced that in the equity transfer dispute between the company and Lin Guangmao, Lin Guangmao filed an appeal against the first instance verdict. The Hainan Provincial High People's Court has filed and accepted the case. The company is the plaintiff and defendant in this lawsuit. The amount involved in this lawsuit was 50 million yuan, usage fees and penalties of related funds, and the amount involved in the counterlawsuit was 182 million yuan. The case has not yet been tried, and the impact on the company's current and future profits is uncertain. As of the announcement date, the company had no other major litigation and arbitration matters that had not been disclosed. The cumulative amount of other individual small claims lawsuits was approximately RMB 15.773,400.

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