DZH(SH:601519) Shang Hai Zheng Quan Bao·2025-11-11 19:15Core Viewpoint - Shanghai Dazhihui Co., Ltd. is currently involved in a lawsuit regarding the validity of its 2025 second extraordinary general meeting resolution, which was passed to facilitate a merger with Xiangcai Co., Ltd. [2][3] Group 1: Lawsuit Details - The lawsuit has been filed by plaintiff Wang Gongwei, who seeks to annul the resolution from the 2025 second extraordinary general meeting [4]. - The case is currently in the stage of being accepted by the court and has not yet gone to trial [2]. - The plaintiff claims that the merger constitutes a significant related party transaction that should have undergone specific auditing and evaluation procedures before being presented to the shareholders [5][6]. Group 2: Financial and Legal Implications - The lawsuit does not currently involve a specific monetary amount, and the actual impact on the company will depend on the court's final judgment [2][7]. - The company has completed the necessary procedures for the merger and maintains that the resolution is legally valid [7]. - Financial and legal advisors have provided opinions supporting the legality of the merger process, stating that the company is not required to conduct an audit or evaluation of Xiangcai Co., Ltd. as claimed by the plaintiff [8][9][10].