Xingyuan Environment: Subsidiary involved in 6.91 million yuan case, 29% equity to be auctioned.

Xingyuan Environment announced that its subsidiary Zhejiang Xingyi Ecological has become the respondent in a construction project contract dispute, with an amount of 6.91 million yuan involved. Recently, the People's Court of Fenghua District, Ningbo City, ruled to auction off 29% of the equity held by Zhejiang Xingyi in Shanxi Shuitou Yiyuan Water Affairs. In addition, as of the disclosure date of the announcement, the company is also involved in a minor lawsuit with an amount of 108,100 yuan, which is currently in the first instance stage. The company will handle it according to the regulations, and the final impact will be based on the audited data.