RiseSun(SZ:002146) Shang Hai Zheng Quan Bao·2025-06-27 21:46Group 1: Litigation Announcement - The company is currently involved in a lawsuit where it is a defendant, with the case at the first instance stage [1] - The lawsuit involves a claim from the plaintiff, Industrial and Commercial Bank of China, for approximately RMB 29.33 million, which includes principal, interest, and other fees [2] - The case has not yet gone to trial as of the announcement date [3] Group 2: Other Legal Matters - The company and its subsidiaries have other undisclosed litigation matters, primarily related to loan disputes and construction contract disputes, totaling approximately RMB 1.442 billion, which represents about 9.71% of the company's latest audited net assets [5] Group 3: Impact of Litigation - The impact of the ongoing lawsuit on the company's current and future profits is uncertain, and the company will handle accounting in accordance with relevant standards [6] Group 4: Guarantee for Subsidiary Financing - The company has provided a guarantee for its wholly-owned subsidiary, Chongqing Rongqian Real Estate Development Co., Ltd., for financing of up to RMB 600 million, with a term not exceeding 54 months [10] - The total amount of guarantees provided by the company exceeds 301.66% of its latest audited net assets, with overdue guarantees amounting to RMB 6.646 billion [15] Group 5: Shareholder Meeting - The company held its third extraordinary general meeting of 2025, with 828 shareholders present, representing 37.14% of the voting shares [19] - Resolutions regarding debt inclusion and debt settlement by asset were passed with overwhelming support from shareholders [20][21]