Huayi Technology: Progress in lawsuit execution, received a total of 1.42 billion yuan in execution funds.

Huayi Technology announced that the company's lawsuit with Huayi Bermuda and others involves an amount of 3.029 billion yuan. Recently, the company received a portion of judicial execution funds transferred by the Fuzhou Intermediate People's Court totaling 80.1401 million yuan. As of the disclosure date of the announcement, the company has received a total of 1.42 billion yuan in execution funds, which will be accounted for in accordance with accounting standards. The specific impact will be based on the financial accounting results. Due to factors such as the progress of the disposal of assets and shares of the defendants, there is significant uncertainty in the actual repayment rate. Currently, the main focus of the execution work is the disposal of shares held by Huayi Bermuda.