Shunjing Technology announced that in the first instance, the company paid 405.574 million yuan to the Zhongnan Design Institute in the construction project subcontract dispute. Both parties filed an appeal against the first instance judgment. Currently, the case is in the second trial stage, and no trial has yet been held, and there is uncertainty about the final outcome. The amount of the appeal filed by the Zhongnan Design Institute was 62.997 million yuan. The company appealed to annul the judgment relating to the penalty of 346.929 million yuan and the reduction of additional costs of 5.8645 million yuan in the first instance judgment. As of the disclosure date of the announcement, the company and its holding subsidiary had another undisclosed lawsuit in the past 12 months. The amount involved was 30,900 yuan, and the case had not yet been filed.

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