GDMZH(SH:600382) Shang Hai Zheng Quan Bao·2026-02-05 17:58Core Viewpoint - The announcement details the progress of a lawsuit involving Guangdong Mingzhu Group's wholly-owned subsidiary, Guangdong Mingzhu Group Land Co., Ltd., against Xinhui Qisheng Industrial Co., Ltd. regarding a private lending dispute, with the Guangdong Provincial Meizhou People's Procuratorate deciding not to support the supervisory application from Qisheng Industrial [2][9]. Group 1: Case Background - The lawsuit pertains to a civil lending dispute where the total amount involved is approximately 433.62 million yuan in principal and 91.54 million yuan in interest as of November 28, 2022 [3]. - The case has entered the execution phase, but the uncertainty of the execution results makes it difficult to assess the impact on the company's current and future profits [3][9]. - The initial cooperation agreement for the "Liankang City (Phase 6 and 7)" real estate development project expired on November 15, 2021, leading to the signing of a debt settlement agreement on March 14, 2022, which included a first repayment of approximately 15.09 million yuan [4]. Group 2: Case Progress - The company received a civil judgment from the Meizhou Intermediate People's Court on January 17, 2024, and a notice of execution on March 27, 2024, indicating that the execution of the judgment was in compliance with registration conditions [5][6]. - On August 22, 2024, the company was notified that Qisheng Industrial had applied for a retrial, which was subsequently rejected by the Guangdong Provincial High People's Court [7]. - On February 5, 2026, the company received a decision from the Meizhou People's Procuratorate stating that it would not support the supervisory application from Qisheng Industrial [9].