NOPU Letter: Subsidiary Involved in 185 Million Yuan Infringement of Plant Variety Rights Dispute

NOPUS announcement stated that its subsidiaries Yanshan Manyue Mei and Tengchong Wangyue Mei recently received a "Notice of Response" from the Kunming Intermediate People's Court in Yunnan Province, involving a dispute over infringement of plant variety rights with Yunnan Meiming Agricultural Co., Ltd., with a total amount of 185 million yuan. The case has been filed, but has not yet been heard in court. The subsidiaries do not recognize the plaintiff's claims and will actively respond to the lawsuit. It is expected that this lawsuit will not have a significant impact on the company's daily production and operation, and the impact on the company's current and future profits is uncertain. The actual impact will be determined by the final effective judgment.