Hengtong Co., Ltd. announced that Dongnan Mountain Group, the holding stock of the company, held 295 million shares of the company, accounting for 41.79% of the company's total share capital. Due to a private loan dispute with Wanning Nanshan Sunac Industrial Co., Ltd., the 41.8405 million company shares held by Nanshan Group were judicially frozen by the First Intermediate People's Court of Hainan Province, accounting for 14.19% of its shares and 5.93% of the company's total share capital. The frozen shares mentioned above are all unrestricted shares, involving two freezes. The starting dates are June 26, 2026 and September 4, 2026, respectively. The matter will not have a significant impact on the company's day-to-day operations, control and governance structure. Nanshan Group won the case in the first instance. Currently, it is in the second trial stage, and the final outcome cannot be determined.

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