大悦城控股集团股份有限公司 关于诉讼事项的公告

Core Viewpoint - The company, Dalian City Holding Group Co., Ltd., is involved in a legal dispute with the Wuhan Caidian District Natural Resources and Urban Construction Bureau regarding an administrative agreement dispute over land use rights [1][2]. Group 1: Lawsuit Details - The lawsuit has been accepted by the Wuhan Caidian District People's Court, with the company acting as the plaintiff [1]. - The dispute arises from a contract signed on December 31, 2019, where the company was to acquire land use rights but claims the bureau failed to deliver the land as agreed [1][2]. - The company has made all required payments for the land but alleges that the land has been occupied, prompting the legal action to reclaim the land and seek damages [1][2]. Group 2: Claims and Compensation - The company is seeking to terminate the land use rights contract and recover the land use payment of RMB 361,476,651.8 (approximately 361.5 million) [2]. - Additionally, the company is claiming damages totaling RMB 712,831,957.3 (approximately 712.8 million), calculated from April 22, 2020, until the actual return of the land use payment [2]. - The company also seeks reimbursement for taxes paid amounting to RMB 14,639,804.4 (approximately 14.6 million) and associated fees of RMB 7,380,716 (approximately 7.4 million) [2]. Group 3: Impact on Company - The lawsuit is described as a legitimate legal measure to protect the company's rights and is not expected to have a significant adverse impact on its daily operations or debt repayment capacity [1][4]. - The company is currently unable to assess the precise impact of the lawsuit on its current or future profits, as the case has not yet gone to trial [4].