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Xiaosong Co., Ltd. announced that the company was sued by Jiangxi Guokong Factoring due to a factoring contract dispute involving a shareholding affiliate Guohai Construction. The amount involved was 38.733 million yuan. The case has been accepted and has not yet been heard, and the company is jointly and severally liable for settlement as a defendant. Guohai Construction and Jiangxi Guokong Factoring signed a “Repayment Agreement” on September 11, 2026, and have already paid the first installment of 3 million yuan. Jiangxi Guokong Factoring will apply to withdraw the lawsuit against the company as agreed. As of the disclosure date of the announcement, the cumulative amount of overdue guarantees of the company and its holding subsidiaries was RMB 231 million, accounting for 30.41% of the most recent audited net assets, all due to overdue Guohai Construction Loans. It is currently impossible to determine the impact of this lawsuit on the company's profits.

Zhitongcaijing·09/16/2026 10:25:12
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Xiaosong Co., Ltd. announced that the company was sued by Jiangxi Guokong Factoring due to a factoring contract dispute involving a shareholding affiliate Guohai Construction. The amount involved was 38.733 million yuan. The case has been accepted and has not yet been heard, and the company is jointly and severally liable for settlement as a defendant. Guohai Construction and Jiangxi Guokong Factoring signed a “Repayment Agreement” on September 11, 2026, and have already paid the first installment of 3 million yuan. Jiangxi Guokong Factoring will apply to withdraw the lawsuit against the company as agreed. As of the disclosure date of the announcement, the cumulative amount of overdue guarantees of the company and its holding subsidiaries was RMB 231 million, accounting for 30.41% of the most recent audited net assets, all due to overdue Guohai Construction Loans. It is currently impossible to determine the impact of this lawsuit on the company's profits.