According to the announcement of Zhongzhou Special Materials, a wholly-owned subsidiary, some bank accounts in Jiangsu Xinzhongzhou have been frozen, and some land and real estate have been sealed. The frozen bank account balance was 4.4812 million yuan, the land area seized was 63,820.30 square meters, and the real estate construction area was 58,556.34 square meters. The seizure period was from July 17, 2026 to July 16, 2029. The reason was that they had a sales contract dispute with Ruihao in Shanghai, and the other party applied for property preservation. The amount requested to be frozen was 19.66 million yuan, accounting for 1.78% of the company's most recent audited net assets. There was no significant adverse impact on operations. The case has not been heard. The results are yet to be clarified.

According to the announcement of Zhongzhou Special Materials, a wholly-owned subsidiary, some bank accounts in Jiangsu Xinzhongzhou have been frozen, and some land and real estate have been sealed. The frozen bank account balance was 4.4812 million yuan, the land area seized was 63,820.30 square meters, and the real estate construction area was 58,556.34 square meters. The seizure period was from July 17, 2026 to July 16, 2029. The reason was that they had a sales contract dispute with Ruihao in Shanghai, and the other party applied for property preservation. The amount requested to be frozen was 19.66 million yuan, accounting for 1.78% of the company's most recent audited net assets. There was no significant adverse impact on operations. The case has not been heard. The results are yet to be clarified.