Alice announced that the company recently received a final ruling from the Shanghai International Economic and Trade Arbitration Commission on the arbitration of the promotion cooperation dispute filed by Fosun Yaohong. The arbitral tribunal determined that the “Exclusive Promotion Agreement” and supplementary agreement between the two parties had been terminated on January 1, 2024. The company was required to pay Fosun Yaohong a promotion service fee of RMB 2.0574 million, a refund of security deposit of RMB 2 million, payment of loss of benefits of 26.25 million yuan, legal fees of 350,000 yuan, and arbitration fees of RMB 1,768,700. The payment was completed within 15 days from the effective date of the ruling; all of the company's arbitration counterclaims were rejected. As of September 30, 2026, the company had total assets of 10.057 billion yuan, equity attributable to parent owners of 8.949 billion yuan, revenue of 5.135 billion yuan and net profit to mother for the first three quarters of 2026; the company has calculated a total of 18.80 million yuan on this matter, and this ruling is not expected to have a significant impact on the company's operations.

Alice announced that the company recently received a final ruling from the Shanghai International Economic and Trade Arbitration Commission on the arbitration of the promotion cooperation dispute filed by Fosun Yaohong. The arbitral tribunal determined that the “Exclusive Promotion Agreement” and supplementary agreement between the two parties had been terminated on January 1, 2024. The company was required to pay Fosun Yaohong a promotion service fee of RMB 2.0574 million, a refund of security deposit of RMB 2 million, payment of loss of benefits of 26.25 million yuan, legal fees of 350,000 yuan, and arbitration fees of RMB 1,768,700. The payment was completed within 15 days from the effective date of the ruling; all of the company's arbitration counterclaims were rejected. As of September 30, 2026, the company had total assets of 10.057 billion yuan, equity attributable to parent owners of 8.949 billion yuan, revenue of 5.135 billion yuan and net profit to mother for the first three quarters of 2026; the company has calculated a total of 18.80 million yuan on this matter, and this ruling is not expected to have a significant impact on the company's operations.