E-Town Semiconductor: Suing Applied Materials for a compensation of 99.99 million yuan

E-Town Semiconductor announced that the company, as the plaintiff, has filed a lawsuit against Applied Materials, Inc. for illegally obtaining and using E-Town Semiconductor's core trade secrets and disclosing those trade secrets in China by applying for patents. The case has been accepted and has not yet been heard in court. The amount of the lawsuit is RMB 99.99 million, and the company requests that the defendant cease the infringement, compensate for economic losses, and bear the litigation costs. This lawsuit will not have a significant adverse impact on the company's normal production and operations