云南景谷林业股份有限公司关于控股子公司涉及诉讼事项的公告

Core Viewpoint - The company, Yunnan Jinggu Forestry Co., Ltd., is currently involved in multiple lawsuits related to its subsidiary, Tangxian Huiyin Wood Industry Co., Ltd., which may significantly impact its financial performance and operational capabilities [2][3][15]. Legal Proceedings - The lawsuits are at the stage where the court has accepted the cases but has not yet held hearings [2]. - The defendants include the company’s subsidiary Huiyin Wood, its former actual controllers Cui Huijun and Wang Lanchun, with a total claim amount of approximately 12.58 million yuan, including principal and interest [2][5]. - Huiyin Wood has a total of 15 legal cases involving asset preservation and litigation, with a cumulative claim amount of about 107.72 million yuan, which represents 113.27% of the company's latest audited net assets attributable to shareholders [3]. Financial Impact - The ongoing lawsuits have led to the freezing of all nine bank accounts of Huiyin Wood, resulting in the suspension of its production lines, which is expected to adversely affect the company's operations [3][4]. - The company anticipates a further decline in its operating performance for the first half of 2025, indicating significant uncertainty regarding its ongoing viability [3][4]. Debt and Recovery Efforts - The company has established a special team to verify the authenticity and completeness of the related borrowings and has engaged litigation lawyers to actively respond to the lawsuits [4][16]. - The company aims to minimize the impact of these legal matters on its financial standing and to pursue recovery from responsible parties [4][16]. Summary of Lawsuits - The lawsuits stem from private lending disputes involving the former actual controllers of Huiyin Wood, with claims including: - Case 1: Claim for 500,000 yuan plus interest [7][8]. - Case 2: Claim for 5 million yuan plus interest [9][10]. - Case 3: Claim for 7,076,498 yuan plus interest [11][12][13]. Company’s Response - The company is closely monitoring the situation and has committed to fulfilling its information disclosure obligations as required by regulations [16].