YJFC(SH:600265) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-12 00:48Core Viewpoint - Yunnan Jinggu Forestry Co., Ltd. is facing significant legal challenges due to multiple lawsuits involving its subsidiary, Tangxian Huiyin Wood Industry Co., Ltd., which may impact its financial stability and operational capabilities [2][8]. Summary by Sections Legal Proceedings - The subsidiary Huiyin Wood Industry has received a civil ruling from the Tangxian People's Court for asset preservation involving a claim of 7,198,600 yuan [2][6]. - Huiyin Wood Industry is currently involved in a total of six lawsuits, with a cumulative claim amount of approximately 66.9 million yuan, which represents 70.34% of the company's latest audited net assets attributable to shareholders [2][3]. Financial Impact - The company has identified additional outstanding loans totaling approximately 30.89 million yuan, which may increase as creditors pursue claims through litigation [3][6]. - Previous asset preservation measures included the freezing of assets valued at about 50.8 million yuan and the freezing of bank accounts with approximately 800,000 yuan [4][5]. Company Response - The company has established a special task force to verify the authenticity and completeness of the related loans and has engaged litigation lawyers to actively respond to the lawsuits [3][9]. - The company is taking legal measures to mitigate the impact of these issues on its operations and is pursuing recovery from responsible parties to protect the interests of the company and its shareholders [3][9].