ST Hifuture Technology disclosed the cumulative litigation and arbitration situation, involving over ten million with impacts to be assessed

Chongqing Hifuture Technology Co., Ltd. announced the cumulative litigation and arbitration notice. As of the announcement date, the company and its subsidiaries have accumulated new undisclosed small litigation and arbitration matters involving an amount of 10.1274 million yuan over the past twelve months, with the company and its subsidiaries as defendants. Among them, three major lawsuits involve an amount of 6.256 million yuan, and there are another 40 small lawsuits and arbitration matters involving amounts less than 1 million yuan. Some cases have been mediated or adjudicated, while others are still under trial or have not yet been heard. The company's audited net assets for the fiscal year 2024 are -54.8235 million yuan. The impact of this litigation on the company's profits is uncertain. The company will legally safeguard its rights and disclose progress in a timely manner, reminding investors to pay attention to risks