ST DFSS: Received the "Execution Notice," with an execution amount of 251 million yuan

ST DFSS announced that the company and its wholly-owned subsidiary Dongfang Shishang Driving School Jinzhong Co., Ltd. received an "Execution Notice" delivered by the Intermediate People's Court of Jinzhong City, Shanxi Province. The Execution Notice requires the company to immediately fulfill the obligation to return the applicant's support subsidy of 251 million yuan and the loss of fund occupation. At the same time, the company must bear joint and several liability and jointly bear the case acceptance fee and preservation fee of 1.2834 million yuan. In addition, the company must bear the execution fee for this case