*ST佳沃: 关于诉讼进展的公告

Core Viewpoint - The company has initiated legal proceedings against Taoyuan Xianghui Agricultural Investment Co., Ltd. for failing to compensate the company for an investment loss of 30 million RMB, leading to a series of court actions and agreements regarding the recovery of funds [2][4]. Group 1: Lawsuit Background - The company filed a lawsuit against Taoyuan Xianghui for not compensating the investment principal of 30 million RMB [2]. - The court issued a civil judgment in 2021, which Taoyuan Xianghui failed to comply with, prompting the company to seek enforcement through the court [2][3]. - The company has been actively pursuing the enforcement of the court's decision and has signed an execution reconciliation agreement in May 2023 [3][4]. Group 2: Progress of the Lawsuit - The company has applied to restore the enforcement of the case due to Taoyuan Xianghui's non-compliance with the reconciliation agreement [4][5]. - The remaining unpaid principal amount is 3.6854 million RMB, along with additional interest [4]. - The company continues to communicate with the court to expedite the enforcement process and ensure the recovery of the remaining funds [5]. Group 3: Impact on the Company - The receipt of the final 1 million RMB reconciliation payment will conclude the enforcement case, and it is not expected to have a significant impact on the company [5].