According to the Happy Blue Ocean announcement, the total amount of undisclosed lawsuits by the company and its wholly-owned and holding subsidiaries over 12 consecutive months was 70.252 million yuan, accounting for 18.11% of the absolute value of the company's most recent audited net assets. There are 3 related cases. The company is the plaintiff, all of which are contract disputes related to joint investment in TV dramas. Currently, all cases have been filed in the first instance of the People's Court of Qixia District of Nanjing. The impact of the above litigation matters on the company's current profit or after-period profit is uncertain, and the company will promptly disclose the progress of major litigation matters.

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