Xinghui Co., Ltd. announced that the final judgment in the share transfer dispute between the company and Sunvalley E-Commerce Limited has been decided and is currently in the execution stage, with an execution amount of 114 million yuan. Recently, the company was added by the court to the list of untrustworthy executioners. Up to now, the court has accumulated plans to deduct 72.8715 million yuan in cash from the company's bank account. Since the actual deducted amount did not cover the execution amount, the court may continue to take enforcement measures within the insufficient amount. The company has already accrued estimated liabilities in the early stages, and can apply for the cancellation of the status of an untrustworthy executee after fulfilling all obligations determined by the legal documents in force. This matter will not have a significant adverse effect on the normal operation of the company.

Xinghui Co., Ltd. announced that the final judgment in the share transfer dispute between the company and Sunvalley E-Commerce Limited has been decided and is currently in the execution stage, with an execution amount of 114 million yuan. Recently, the company was added by the court to the list of untrustworthy executioners. Up to now, the court has accumulated plans to deduct 72.8715 million yuan in cash from the company's bank account. Since the actual deducted amount did not cover the execution amount, the court may continue to take enforcement measures within the insufficient amount. The company has already accrued estimated liabilities in the early stages, and can apply for the cancellation of the status of an untrustworthy executee after fulfilling all obligations determined by the legal documents in force. This matter will not have a significant adverse effect on the normal operation of the company.