Huitong Holdings announced that the fund-raising account set up by the company in the Hefei High-tech Industrial Development Zone branch of the Bank of China was frozen at 3.3853 million yuan, due to a sales contract dispute with Kunshan Hongyongsheng Mold Co., Ltd., and the other party filed a lawsuit and applied for property preservation. The case is a non-major lawsuit and has not yet been tried in court. As of the disclosure date of the announcement, the fund raised account balance was 308.8874 million yuan. The frozen funds accounted for 10.96% of the account balance, 0.22% of the company's most recent audited net assets to the mother, and 1.21% of the latest audited monetary funds. This freeze has nothing to do with the fund-raising project and will not have a significant adverse impact on the implementation of the fund-raising project. The company will promote dispute resolution through negotiation, mediation, and judicial response.

Huitong Holdings announced that the fund-raising account set up by the company in the Hefei High-tech Industrial Development Zone branch of the Bank of China was frozen at 3.3853 million yuan, due to a sales contract dispute with Kunshan Hongyongsheng Mold Co., Ltd., and the other party filed a lawsuit and applied for property preservation. The case is a non-major lawsuit and has not yet been tried in court. As of the disclosure date of the announcement, the fund raised account balance was 308.8874 million yuan. The frozen funds accounted for 10.96% of the account balance, 0.22% of the company's most recent audited net assets to the mother, and 1.21% of the latest audited monetary funds. This freeze has nothing to do with the fund-raising project and will not have a significant adverse impact on the implementation of the fund-raising project. The company will promote dispute resolution through negotiation, mediation, and judicial response.