GDMZH(SH:600382) Shang Hai Zheng Quan Bao·2025-11-14 19:31Core Viewpoint - The announcement details the progress of a lawsuit involving Guangdong Mingzhu Group's wholly-owned subsidiary, Guangdong Mingzhu Group Land Co., Ltd., in a civil lending dispute with Xingning Qisheng Industrial Co., Ltd. [2][8] Group 1: Case Background - The lawsuit arises from a civil lending dispute related to the "Liankang City (Phase 6 and 7)" real estate development project, with a cooperation contract that expired on November 15, 2021 [4] - A debt settlement agreement was signed on March 14, 2022, where Qisheng Industrial made an initial repayment of 15,093,963.98 yuan [4] - Qisheng Industrial failed to meet the repayment obligations, prompting the subsidiary to file a lawsuit on December 2, 2022 [4] Group 2: Financial Details - The total amount involved in the dispute includes a principal of 433,624,807.88 yuan and interest of 91,538,479.86 yuan as of November 28, 2022 [3] - Interest is to be calculated at four times the one-year loan market quotation rate from November 29, 2022, until the debt is settled [3] Group 3: Legal Proceedings - The case has progressed through various legal stages, including a civil judgment and subsequent appeals, with the latest developments indicating that the Guangdong Provincial High People's Court rejected Qisheng Industrial's request for retrial [7][8] - The case is currently in the legal supervision phase, with the outcome of the supervision application by Qisheng Industrial still uncertain [9] Group 4: Impact on the Company - The potential impact of the lawsuit on the company's profits remains indeterminate, and the company will continue to disclose relevant information as required by law [9] - The company emphasizes the importance of investor awareness regarding the risks associated with this legal matter [9]