ST Dongshi: Arbitration involving shareholder capital dispute, involving a total amount of 143 million yuan.

ST Dongshi announced that the company has filed for arbitration with the Beijing Arbitration Commission due to a dispute over capital contribution with shareholder Yin Hongmei in Shandong Dongfang Fashion Driving Training Co., Ltd., with an amount involved of 143 million yuan. The company has already paid in 200 million yuan, while Yin Hongmei has only paid in 7.4 million yuan, still owing 92.6 million yuan. The company is requesting Yin Hongmei to pay the unpaid capital contribution and interest, and take responsibility for fund utilization interest, and so on. Additionally, as of the disclosure date of the announcement, the company and its controlling subsidiaries have accumulated 31 new lawsuits in the past twelve months, involving a total capital of 164 million yuan. There is uncertainty regarding the company's restructuring and whether the stock will be subject to delisting risk warnings.