Core Viewpoint - The company, Xi'an Global Printing Co., Ltd., is involved in multiple lawsuits related to recovery of funds due to unpaid loans by its subsidiaries, with significant amounts at stake and uncertain impacts on its financial performance [2][4][13]. Group 1: Lawsuit Details - The company is the plaintiff in two lawsuits against various defendants, including Jiangsu Lingkai Digital Technology Co., Ltd., with claims totaling approximately RMB 20.13 million and RMB 18.33 million respectively [2][6]. - The lawsuits are based on the company's role as a guarantor for loans taken by its subsidiaries, which have defaulted on repayment [5][8]. - The first lawsuit involves a claim for RMB 20,134,587.90 plus interest and legal fees, while the second lawsuit seeks RMB 18,325,928.12 plus interest and legal fees [6][7]. Group 2: Financial Implications - The company has already incurred costs by covering overdue loans, amounting to RMB 67,115,292.99 in the first case and RMB 61,086,427.07 in the second case [5][7]. - The potential financial impact of these lawsuits on the company's current and future profits remains uncertain as the cases have not yet gone to trial [13]. - The company has taken measures to mitigate losses, including pursuing legal action against the defendants for compensation [3][5]. Group 3: Court Proceedings - The lawsuits are currently in the acceptance stage by the Xi'an Yanta District People's Court, with no hearings scheduled yet [4][11]. - The company has received notifications regarding the payment of litigation costs from the court, indicating the formal progression of the lawsuits [4][15]. Group 4: Other Legal Matters - The company has disclosed that it has other ongoing legal matters that do not meet the disclosure threshold, totaling approximately RMB 40.73 million, which represents 3.16% of its latest audited net assets [12].
西安环球印务股份有限公司关于提起诉讼事项的公告