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ST Ningke: The company and its subsidiaries involved in a 5.2 million yuan lawsuit
ST Ningke Announcement: The company and its subsidiary, Ningxia Zhongke Biological New Materials Co., Ltd., have been sued by Shanghai Kaisa Biological Technology Co., Ltd. as defendants over intellectual property rights ownership and infringement disputes. The case involves an amount of 5.2 million RMB. The company states that it does not recognize the plaintiff’s claims and is actively responding to the lawsuit. Currently, it is not possible to determine whether this will impact the company’s current or future profits.