WLGF(SH:603779) Xin Lang Cai Jing·2025-09-15 10:09Core Viewpoint - The case involving Weilang Wine Co., Ltd. has concluded with the Yantai Municipal People's Procuratorate deciding not to support the supervisory application from Yantai Bank Longkou Branch, indicating a favorable outcome for the company [1][3]. Summary by Relevant Sections Litigation Background - On November 22, 2023, Yantai Bank Longkou Branch filed a lawsuit to annul a tripartite agreement aimed at resolving a guarantee violation involving Weilang Co., Wang Zhenhai, and Longkou Xinglong Grape Professional Cooperative. The court initially dismissed the lawsuit, and subsequent appeals were also rejected, leading to a final ruling by the Shandong Provincial High Court [2]. Latest Developments in Litigation - On September 15, 2023, Weilang Co. received a decision from the Yantai Municipal People's Procuratorate stating that the supervisory application from Yantai Bank Longkou Branch was not supported, concluding the review process [3]. Impact on Company Profit - The decision by the Yantai Municipal People's Procuratorate does not impact the profit and loss of Weilang Co. Additionally, the company and its subsidiaries have no undisclosed litigation or arbitration matters [4].