HACL(SH:600598) Shang Hai Zheng Quan Bao·2025-04-11 20:06Core Viewpoint - The announcement details the progress of a legal case involving Heilongjiang Beidahuang Agricultural Co., Ltd. and its subsidiary, Beidahuang Longken Malt Co., Ltd., which has won a retrial ruling [2][5]. Group 1: Case Background - The case involves a lawsuit filed by Beidahuang Longken Malt Co., Ltd. against the Xuzhou Tongshan District People's Court regarding an execution objection, with a disputed amount of 23.3197 million RMB [2]. - The company initially lost in both the first instance and the appeal, with the first instance ruling issued on December 23, 2021, and the appeal ruling on June 21, 2022 [2]. Group 2: Recent Developments - On April 10, 2025, the Jiangsu Provincial High People's Court issued a civil ruling that annulled the previous judgments from both the intermediate and district courts [2]. - The ruling allows Beidahuang Longken Malt Co., Ltd. to continue to protect its legal rights and apply for account unfreezing and execution reversal [2][5]. Group 3: Financial Impact - The company is currently unable to accurately assess the impact of the ruling on its current or future profits, with final amounts and accounting treatment pending confirmation from a registered accountant [5].