On January 17, 2022, the administrator of Tsinghua Unigroup Co., Ltd. received the Civil Ruling No. (2021) Jing01 Bankruptcy 128-2 delivered by the Beijing No. 1 Intermediate People's Court. According to the Civil Ruling, the Beijing No. 1 Intermediate People's Court ruled to approve the reorganization plan of the substantial merger and reorganization case of Tsinghua Unigroup Co., Ltd. and other seven companies, and terminated the reorganization procedures of Tsinghua Unigroup Co., Ltd. and other seven companies.
Tsinghua Unigroup Limited Administrator
January 17, 2022
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