Wonders Information faces over RMB 172m in cumulative legal disputes

Wonders Information Co., Ltd. has announced its cumulative litigation and arbitration matters for the past twelve months. The total amount involved in these cases for the company and its controlled subsidiaries reached RMB 172,599,117.21, which accounts for 10.52% of the company's latest audited net assets. There are no individual cases where the disputed amount exceeds 10% of the company's latest audited net assets.

The company is actively engaged in these legal proceedings. For cases where Wonders Information or its subsidiaries are plaintiffs or applicants, the company will pursue legal avenues to recover funds. In cases where they are defendants or respondents, the company will actively respond to protect its and its investors' legal rights.

Given that some cases are still ongoing or have not yet been concluded, their impact on the company's current or future period profits remains uncertain. Wonders Information will account for these matters in accordance with accounting standards and will fulfill its information disclosure obligations. Investors are advised to exercise caution.