Huangshi Group announced that as of the disclosure date of this announcement, the total amount of litigation and arbitration matters involving the company and its holding subsidiaries for 12 consecutive months was approximately RMB 995.492 million, accounting for approximately 10.65% of the company's most recent audited net assets.

Huangshi Group announced that as of the disclosure date of this announcement, the total amount of litigation and arbitration matters involving the company and its holding subsidiaries for 12 consecutive months was approximately RMB 995.492 million, accounting for approximately 10.65% of the company's most recent audited net assets.