ST Rongke announced that the company received lawsuit materials served by the Shenyang Intermediate People's Court, and Fushun Bank sued 10 defendants including Shenyang Zhiyuan Petrochemical Co., Ltd., and the company was one of the defendants. This case is the second of the 785 million yuan illegal guarantee matters disclosed earlier. The principal amount of the guarantee was 75 million yuan and the guarantee balance was 74.969 million yuan. The plaintiff claimed a total of 101 million yuan in loan principal and interest, and the company was jointly and severally liable for the guarantee. The guarantee was not approved by the company's internal approval or review by the board of shareholders. It is an illegal guarantee during the period controlled by the former controlling shareholder, Liaoning Guoke, and the company will claim that the guarantee contract is invalid. The company added 1 new bank account and 2 new accounts waiting to be frozen. This time, an additional amount of 21,600 yuan was frozen; in total, 4 accounts were frozen, with an actual frozen amount of 22.4564 million yuan, accounting for 2.70% of the latest audited net assets. This lawsuit has not yet been heard, and the verdict is uncertain, and there has been no significant adverse impact on production and operation.

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