*ST Yinjiang announced on May 29 that due to failure to repay loans relating to Lai Xingxian and Dongguan Group Co., Ltd. in a timely manner, the company was sued, resulting in the freezing of 67.732,900 yuan of additional funds raised. Currently, the total amount of funds frozen by the company is about 431 million yuan, mainly to raise funds. The balance of frozen funds accounted for 10.17% of the company's net assets at the end of 2023, and the number of frozen bank accounts of the company accounts accounted for a small proportion of the total number of bank accounts. The normal settlement or payment of major bank accounts has not been affected. It has not had a significant adverse impact on the company's overall production and operation activities. The relevant situation did not touch on the provisions of section 9.4 (2) of the “Shenzhen Stock Exchange GEM Stock Listing Rules”. Furthermore, the company was listed as an executee on May 27, with an execution amount of about 197 million yuan. There may be a risk that the funds will be transferred judicially in the future.