On October 25, 2023, at 3:00 PM, an evidence exchange session for a shareholder capital contribution dispute case represented by S&G was held at the Putuo District People's Court in Shanghai.

Key Issues in Dispute:

The case focuses on whether the following actions constitute inadequate capital contribution:

1.Using proprietary technology as capital contribution without transferring the ownership of the patents included in the technology;

2.Relying on an expired asset valuation report for the proprietary technology, where the technical and economic lifespan of the technology has also expired;

3.Failing to execute a transfer agreement or provide technical disclosure for the proprietary technology;

4.Continuing to use the proprietary technology in other companies established by the shareholder after it was contributed as capital.