According to Zhuangyuan Ranch's announcement, the company recently received a final ruling from the Lanzhou Intermediate People's Court due to a lawsuit filed with Ma Hongfu, a shareholder and director holding more than 5% of the shares, over the relocation loss of Shengyuan Ranch, which rejected the appeal and upheld the original judgment, that is, all of the company's lawsuits were rejected. The amount involved in this case is RMB 21.0738 million. This judgment is final and will not affect the company's profits for the current period or after the period. As of the disclosure date of the announcement, the company and its holding subsidiaries had accumulated 17 undisclosed small claims lawsuits and arbitrations over 12 consecutive months, involving a total amount of 2.6822 million yuan.

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