2 consecutive trading limits for JYT: The company and its subsidiaries have a cumulative litigation and arbitration amount of approximately 1 billion yuan within 12 months

JYT announced that the company's stock price deviation reached a cumulative increase of 20% over two consecutive trading days on July 10 and July 11, which constitutes an abnormal fluctuation in stock trading. After self-examination, the company confirmed that its production and operation are normal, no significant contracts have been signed, and there are no major matters involving the company that need to be disclosed or are under planning. At the same time, the company is facing significant litigation risks. The company disclosed relevant announcements regarding cumulative litigation and arbitration situations on July 5 and July 9, with the total amount involved in litigation and arbitration for the company and its subsidiaries over the past 12 months amounting to approximately 1 billion yuan. Some of the disclosed litigation and arbitration cases have not yet been adjudicated or concluded, and the impact on the company's current or future profits remains uncertain