ST Solidarity: Company and its subsidiaries involved in overdue debts of 1.22 billion yuan.

ST Hezong announcement: Due to business receivables pressure, capital liquidity issues, etc., the company has defaulted on a debt of 120 million RMB with the Beijing branch of Shanghai Pudong Development Bank Co., Ltd. The company has received an "Execution Notice" from the Beijing Third Intermediate People's Court, with an execution target of 122 million RMB and execution fees of 189,900 RMB. The company will closely monitor the progress of the case, actively take relevant measures to safeguard the interests of the company and shareholders, and fulfill the disclosure obligation in a timely manner according to the progress of the case.