Valin Seiko announced that it recently received an auction notice served by the court. Due to a contract dispute, the 5 million shares of the company, holding 9.5% shareholder Jiedeng Zero Carbon, will be publicly auctioned by the court on the Taobao Judicial Auction Platform from 10:00 on January 20 to 10:00 on January 21, 2026, accounting for 39.47% of its shares and 3.75% of the company's total share capital. All shares held by Jiedeng Zero Carbon have been judicially frozen, etc. This auction will not lead to a change in the company's controlling interest, there is no significant adverse impact on operations, and there is uncertainty about the auction results.

Valin Seiko announced that it recently received an auction notice served by the court. Due to a contract dispute, the 5 million shares of the company, holding 9.5% shareholder Jiedeng Zero Carbon, will be publicly auctioned by the court on the Taobao Judicial Auction Platform from 10:00 on January 20 to 10:00 on January 21, 2026, accounting for 39.47% of its shares and 3.75% of the company's total share capital. All shares held by Jiedeng Zero Carbon have been judicially frozen, etc. This auction will not lead to a change in the company's controlling interest, there is no significant adverse impact on operations, and there is uncertainty about the auction results.