达意隆：坦桑尼亚诉讼案进展及对公司影响情况说明

Core Viewpoint - The company is currently involved in a prolonged legal case in Tanzania, with the opposing party seeking enforcement of a claim amounting to approximately $10.24 million (around 72 million RMB), which could negatively impact cash flow and increase non-operating expenses [1] Summary by Relevant Sections Legal Proceedings - The latest update on the Tanzania lawsuit was published in a notice on May 19, 2022, indicating that the company believes the appellate court's judgment lacks factual basis [1] - The arbitration related to the case has been reviewed and ruled upon by the China International Economic and Trade Arbitration Commission, with the ruling recognized by the Tanzanian High Court [1] Financial Implications - The company has applied for enforcement of an arbitration award amounting to approximately $1.03 million, which has been recognized by the Tanzanian High Court [1] - The company's jurisdictional objections have been dismissed, which may lead to the potential offset of the claim in Tanzania, although enforcement can still be sought in China and other regions [1] Operational Impact - The company asserts that the lawsuit will not have a significant impact on its normal production and operations [1] - There is currently no bilateral agreement or international treaty between China and Tanzania for mutual recognition and enforcement of court judgments, complicating the enforcement process [1]