*ST Huapeng announced that the company and its subsidiary Shandong Huapeng Shidao Glass Products Co., Ltd. were defendants in a financial leasing contract dispute with Shandong Development Green Financial Leasing Co., Ltd., which involved 100 million yuan in principal, interest, liquidated damages, etc., and has now received a first instance judgment from the Jinan High-tech Industrial Development Zone People's Court. The court ruled that the subsidiary should pay 100 million yuan in rent, 300 yuan in the retention price, and pay interest and penalties for overdue rent occupation, 75,000 yuan in lawyers' fees, and 45,400 yuan in litigation and preservation liability insurance; the company was jointly and severally liable for the above debts and had the right to recover compensation from the subsidiary after fulfilling the guarantee obligation. The lawsuit is currently unable to accurately determine the impact on the company's current or future profits.

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