Zhangjiajie: A total of 37.9 million yuan of new lawsuits and arbitrations were filed within the past twelve consecutive months.

The announcement of Zhangjiajie stated that as of February 26, 2026, the company and its controlling subsidiaries had accumulated a total of approximately 37.90 million yuan in undisclosed litigation and arbitration cases over the past twelve months, accounting for 13.09% of the company's latest audited net assets. Among them, the amount involved as a plaintiff was 28.25 million yuan, accounting for 74.55%; while the amount involved as a defendant or third party was 9.64 million yuan, accounting for 25.45%. There are significant matters involving litigation exceeding 10 million yuan and accounting for more than 10% of the latest audited net assets. Some cases have not been to court or concluded, with uncertain impact on profits.