因康得新案，北京银行收到应诉通知书

Core Viewpoint - Beijing Bank is involved in a lawsuit related to securities fraud claims against Kangde Xin Composite Material Group Co., Ltd, with potential liabilities amounting to approximately RMB 4.139 billion for investment losses due to false statements [1][3]. Group 1: Lawsuit Details - The lawsuit was initiated by investors against Kangde Xin and includes Beijing Bank and its Xidan branch as defendants [1][3]. - The plaintiffs are seeking compensation for investment losses, which includes damages for investment differences, stamp duty, and commissions, totaling RMB 4.139 billion [1][3]. - The lawsuit also requests that all defendants collectively pay an additional RMB 3 million for various legal fees [1][3]. Group 2: Legal Implications - Legal experts indicate that in joint liability cases, creditors can demand full or partial compensation from any of the liable parties, regardless of their internal share or order [2][4]. - The China Securities Regulatory Commission (CSRC) had previously identified false records in Kangde Xin's annual reports from 2015 to 2018 [2][4]. - A cash management agreement between Kangde Investment Group and Beijing Bank's Xidan branch allowed for the real-time collection of funds, which resulted in a reported bank balance of zero at year-end for Kangde Xin's accounts [2][4]. Group 3: Impact on Beijing Bank - As of the announcement date, the lawsuit has not yet gone to trial, and no legally binding judgments or rulings have been made [5]. - Beijing Bank and its Xidan branch are not the primary defendants in this case, and preliminary assessments suggest that the lawsuit will not materially affect the bank's normal operations or current and future profits [5].