ST Huluwa announced that the company previously disclosed that CITIC Financial Leasing Co., Ltd. applied for enforcement of Qiong 0105 and No. 2427), and the parties later signed the “Enforcement Settlement Agreement” and entered the settlement implementation stage. Recently, the company received a “Notice of Settlement of the Case” issued by the People's Court of Xiuying District of Haikou City. During the execution process, the parties reached an execution settlement and have fulfilled all obligations stipulated in the legal documents in force. The applicant's executor confirmed that the debt had been fulfilled, and the case was settled as completed. All debts under this enforcement case have been settled, and the execution risk corresponding to this debt has been eliminated.

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