*ST Sanfang announced that the company and its subsidiaries within the scope of the consolidated statement have added 6 new lawsuits and arbitrations since the previous disclosure. The company and subsidiaries are all defendants/respondents, with a total target amount of 308.583 million yuan, accounting for 0.64% of the company's most recent audited net assets. The above lawsuits and arbitration have yet to be heard, the final judgment is uncertain, and the impact on the company's current profit or after-period profit cannot be accurately measured. Furthermore, a financial leasing contract dispute disclosed earlier has already been decided in the first instance, involving rent of RMB 51.1726 million, penalties, and related expenses.

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