Inner Mongolia Yuan Xing Energy announcement: On November 8th, the company received a 'Filing Notice' issued by the China Securities Regulatory Commission, as the company is suspected of failing to timely disclose major litigation involving its equity investment in a subsidiary, resulting in the China Securities Regulatory Commission initiating a case against the company. In January 2021, Wushenqi State-owned Assets took the dispute over the transfer of exploration rights of its jointly invested subsidiary, Mengda Mining Company, to court, involving an amount of 2.106 billion yuan. On December 30, 2021, the court issued a first-instance judgment, ordering Mengda Mining Company to pay the price difference for the transfer of exploration rights of 2.224 billion yuan. The company did not timely disclose this litigation until April 12, 2022. Currently, the company's production and operation activities are normal, and this matter will not have a significant impact on the company's production and operation.