Jinjia Co., Ltd. announced that the company received a notice from the controlling shareholder Jinjia Venture Capital. The lawsuit involving actual controllers Qiao Luyu, Chen Lingyue and others has entered the execution stage. Payment obligations determined by the legal documents in force must be fulfilled, and those that have not been fulfilled will be frozen and the corresponding assets transferred. Up to now, the total amount involved in major litigation, arbitration and judicial enforcement matters involving the controlling shareholders of the company, their co-actors, and actual controllers is $6.443 billion, most of which are in the execution stage of rulings. The above case has nothing to do with the company and will not have a direct significant adverse impact on the company's production and operation. However, some of the company's shares held by the relevant parties have been judicially disposed of, and the remaining stocks involved in the case also face the risk of judicial disposition, or caused changes in the company's control.

Jinjia Co., Ltd. announced that the company received a notice from the controlling shareholder Jinjia Venture Capital. The lawsuit involving actual controllers Qiao Luyu, Chen Lingyue and others has entered the execution stage. Payment obligations determined by the legal documents in force must be fulfilled, and those that have not been fulfilled will be frozen and the corresponding assets transferred. Up to now, the total amount involved in major litigation, arbitration and judicial enforcement matters involving the controlling shareholders of the company, their co-actors, and actual controllers is $6.443 billion, most of which are in the execution stage of rulings. The above case has nothing to do with the company and will not have a direct significant adverse impact on the company's production and operation. However, some of the company's shares held by the relevant parties have been judicially disposed of, and the remaining stocks involved in the case also face the risk of judicial disposition, or caused changes in the company's control.