Brother Technology: Lawsuit against Jiaxing Zhonghua Chemical to repurchase shares dispute, first instance lost.

Brother Technology announced that the company has filed a lawsuit with the People's Court of Nanhu District, Jiaxing City against Jiaxing Huahua Chemical Co., Ltd. for the dispute over the repurchase of shares. Recently, the company received a civil judgment from the court, which rejected the company's litigation request. The amount involved in the case is currently calculated at 379.85 million yuan, subject to the actual valuation amount. The company has the right to appeal within fifteen days from the date of the judgment. This litigation progress will not have any impact on the company's current or future profits.