被卷入“天价”索赔案！中国化学发声明

Core Viewpoint - China Chemical's subsidiary, Ningbo Engineering Co., has received a lawsuit notification regarding securities fraud claims against Kangde Xin Composite Materials Group Co., with a total claim amount of approximately RMB 4.139 billion [1][2]. Group 1: Lawsuit Details - The lawsuit involves 40 defendants, including Kangde Xin, Yulong Automotive Group, Ruihua Certified Public Accountants, and Hengtai Changcai Securities [1]. - The plaintiffs, led by Hu Juling, are seeking compensation for investment losses due to false statements, including damages, stamp duty, and commissions [1]. - The plaintiffs also request that all defendants cover additional costs, estimated at RMB 3 million, related to the lawsuit [1]. Group 2: Company Position - China Chemical has preliminarily verified that Ningbo Engineering did not knowingly assist Kangde Xin in financial fraud and is not the main responsible party in this case [2]. - The company assesses that this lawsuit will not have a significant impact on its current or future profits [2]. Group 3: Company Background and Performance - Ningbo Engineering, a wholly-owned subsidiary of China Chemical, was established in 2002 and specializes in various engineering services across multiple sectors [2]. - For the first three quarters, China Chemical reported revenue of RMB 136.3 billion, a year-on-year increase of 1.15%, and a net profit of RMB 4.232 billion, up 10.28% year-on-year [4].