ST Gaohong issued a change announcement. On April 30, 2024, the company disclosed the “2023 Annual Report”. In the report, “The company and Changzhou Shidao Company had 21 lawsuits. The amount involved was 892 million yuan as of the reporting date. As the case progressed, there was uncertainty about the outcome of the lawsuit. If the company wins the case, there may be a risk of misreporting the previous year's financial reports; if the company loses the lawsuit, it may involve the risk of debt repayment.” Other than this matter in the report, no corrections or additions were found in the information disclosed by the company in the early stages.