上海浦东建设股份有限公司关于子公司涉及诉讼的进展公告

Group 1 - The core issue involves a lawsuit where Shanghai Pudong Construction Co., Ltd.'s wholly-owned subsidiary, Shanghai Pudong New Area Construction (Group) Co., Ltd. (浦建集团), is one of the defendants in a real estate contract dispute [2][3] - The case is currently in the retrial phase of the first-instance judgment, with the involved parties having the right to appeal, and the legal appeal period has not yet expired [2][6] - The lawsuit pertains to the state-owned land use rights and ongoing construction projects in specific plots along the Huangpu River in the Pudong New Area [2][3] Group 2 - The original plaintiff, Shanghai Yalong Investment (Group) Co., Ltd. (亚龙公司), had its claims dismissed in the first-instance judgment, which was later appealed by both浦建集团 and亚龙公司 to the Supreme People's Court [3][4] - In July 2024, the Supreme People's Court decided to accept the appeal and ordered a retrial of the case, leading to the return of the pre-paid appeal fees [4][6] - The recent judgment from the Shanghai High Court ordered the dissolution of the joint development contract between the plaintiff and one of the defendants, requiring the defendant to pay a compensation of 225 million yuan to the plaintiff [6][5] Group 3 - The total litigation costs incurred by the plaintiff amount to approximately 25.78 million yuan, with the plaintiff bearing the majority of these costs [6] - The impact of the current judgment on the company's profits or debt repayment capabilities remains uncertain, as the appeal period is still ongoing [6][7] Group 4 - The company will continue to monitor the progress of the lawsuit and fulfill its information disclosure obligations as necessary [7]