新大洲控股股份有限公司 关于与华夏银行股份有限公司宁波分行借款合同纠纷案的公告

Core Viewpoint - The company is currently involved in a legal dispute with Huaxia Bank regarding a loan default, which may significantly impact its financial position and operations [5][6][17]. Group 1: Lawsuit Details - The lawsuit is at the first-instance stage and has not yet been heard in court [2]. - The company, through its wholly-owned subsidiary Zhejiang Commerce, is the defendant in the case [3]. - The amount involved in the lawsuit totals approximately 81.34 million yuan [4][9]. Group 2: Financial Implications - Zhejiang Commerce has recognized a liability of 80 million yuan in principal and 1,043,766.09 yuan in interest related to the loan from Huaxia Bank [4][16]. - The lawsuit is expected to incur additional costs such as penalty interest, attorney fees, and litigation costs, which may further affect the company's financial results [16]. - The company holds 54 million shares in Wujia Group and real estate assets that are at risk of being auctioned due to this lawsuit [4][16]. Group 3: Loan and Guarantee Details - The loan was taken for operational turnover, with a total of 30.6 million yuan, 31.8 million yuan, and 17.6 million yuan borrowed on September 18, 19, and 20, 2023, respectively [12]. - The loan has a fixed interest rate based on the LPR plus 245 basis points, with repayment structured quarterly [12][14]. - Several entities, including the company itself, have provided guarantees for the loan, with collateral including shares and real estate [13][10]. Group 4: Risk of Control Loss - If the lawsuit leads to the auction of the company's shares in Wujia Group, it may result in the loss of control over this subsidiary, which is a significant source of revenue [17]. - The company is actively seeking solutions to avoid entering litigation for other overdue debts, which could further jeopardize its financial stability [17]. Group 5: Disclosure and Communication - The company has committed to transparent information disclosure and has designated specific media for future announcements [18][20]. - There are no undisclosed litigation matters apart from the current case [18].