沈阳惠天热电股份有限公司 关于全资子公司诉讼事项的进展公告

Core Viewpoint - The announcement details the ongoing litigation involving the company's wholly-owned subsidiary, Shenyang Jiahui Material Trading Co., Ltd., which is currently in the execution phase of a court ruling related to a contract dispute with Baogang Mining Co., Ltd. [2][3] Litigation Progress - The lawsuit was initiated on August 15, 2022, by Baogang Mining due to a contract dispute, leading to a court ruling on August 25, 2023, requiring Jiahui Trading to pay Baogang Mining a total of 176,852,569.60 yuan plus interest [2][3]. - As of August 29, 2025, Jiahui Trading has repaid the principal amount of 176,852,569.60 yuan, with interest and preservation fees to be settled by November 14, 2025 [2][3]. Execution Application - On November 20, 2025, Jiahui Trading was informed that Baogang Mining had filed an execution application for overdue payment losses totaling 23,197,592.00 yuan, which includes 9,933,523.40 yuan in overdue interest and 77,067.62 yuan in execution fees [3][4]. - Jiahui Trading filed an objection to the execution, disputing the claims made by Baogang Mining [3][4]. Court Ruling on Objection - On January 28, 2026, the court ruled against Jiahui Trading's objection, stating that the dispute over the execution was not within the scope of the objection review [6]. - Jiahui Trading has the option to apply for a review of the court's ruling within 10 days of receiving the decision [7]. Financial Impact - The company has fully accrued the expected liabilities related to the disputed amount in its financial statements for the year 2025 [8]. Other Litigation Matters - As of January 29, 2026, the company has no undisclosed litigation or arbitration matters, but has reported 25 small lawsuits involving a total amount of 8.1628 million yuan, which is below 10% of its net assets [8]. Disclosure and Documentation - The company has designated specific media for information disclosure, including China Securities Journal and Shanghai Securities Journal, ensuring that all information is accurate and complete [9]. - Relevant documents, including the execution ruling, are available for review [10].