云南景谷林业股份有限公司关于公司涉及诉讼的公告

Core Viewpoint - The company, Yunnan Jinggu Forestry Co., Ltd., is currently involved in a lawsuit concerning a loan dispute with Cangzhou Bank, which has significant financial implications for the company due to the amount involved and the potential impact on its operations [3][11]. Group 1: Lawsuit Details - The lawsuit has been accepted by the court but has not yet gone to trial [2] - The company is a defendant in the case, with the total amount in dispute being RMB 148.25 million, which includes principal and interest [3] - The lawsuit stems from a loan agreement where the original due date was moved up to November 2, 2025, by Cangzhou Bank [4] Group 2: Loan Agreements and Claims - The plaintiff, Cangzhou Bank, is seeking repayment of loans totaling RMB 92.15 million, RMB 20 million, and RMB 36.1 million, along with accrued interest at varying rates [6][8] - The bank has requested that the court allow for the sale of collateral, including properties and equipment, to satisfy the debts [6][8] - The company has not provided any legal guarantees for the loans in question, asserting that it does not bear any liability for the debts of its subsidiary [11] Group 3: Impact on Company Operations - The lawsuit has led to the freezing of 51% of the company's shares in its subsidiary, which complicates ongoing asset restructuring efforts [4][11] - The company is conducting a special assessment and may pursue legal counteractions to protect its interests and those of its shareholders [11] - The ongoing legal situation introduces significant uncertainty regarding the company's future operations and restructuring plans [11][12]