On October 20, 2023, at 2:00 PM, a corporate interest damage liability dispute case represented by S&G was heard at the Huangpu District People's Court in Shanghai.

Key Issues in Dispute:

1.Whether the authenticity of the company’s large cash transactions can be proven solely based on accounting vouchers and cash journals;

2.Whether the large cash transactions in question are reasonable, considering factors such as the transaction amount, background, and details;

3.Whether the legal representative and the manager should be liable for compensating the company for losses caused by financial management negligence.