Liangpin Shop announced that Ningbo Hanyi Venture Capital Partnership, the controlling shareholder of the company, received a first judgment from the Guangzhou Intermediate Court in its share transfer dispute with Guangzhou Light Industry and Trade Group Co., Ltd.: confirming that the “Agreement” signed by the parties on May 22, 2025 was terminated on December 15, 2025; Ningbo Hanyi was required to pay 5 million yuan in liquidated damages to Guangzhou Light Industry; and rejected Guangzhou Light Industry's other lawsuits. Of the case handling fees and security costs, Ningbo Hanyi paid a total of 4.9876 million yuan. The company in this lawsuit is a third party. The payment obligation does not involve the company, and there is no significant impact on the company's production and operation and current profit and loss. The judgment is a first instance judgment and has not yet entered into force.

Liangpin Shop announced that Ningbo Hanyi Venture Capital Partnership, the controlling shareholder of the company, received a first judgment from the Guangzhou Intermediate Court in its share transfer dispute with Guangzhou Light Industry and Trade Group Co., Ltd.: confirming that the “Agreement” signed by the parties on May 22, 2025 was terminated on December 15, 2025; Ningbo Hanyi was required to pay 5 million yuan in liquidated damages to Guangzhou Light Industry; and rejected Guangzhou Light Industry's other lawsuits. Of the case handling fees and security costs, Ningbo Hanyi paid a total of 4.9876 million yuan. The company in this lawsuit is a third party. The payment obligation does not involve the company, and there is no significant impact on the company's production and operation and current profit and loss. The judgment is a first instance judgment and has not yet entered into force.