Core Viewpoint - Shanghai Guijiu Co., Ltd. is involved in a financial loan dispute, facing a lawsuit from the Industrial and Commercial Bank of China regarding a loan agreement and related collateral contracts [2][3]. Summary by Sections Litigation Details - The lawsuit was filed by the Industrial and Commercial Bank of China against Shanghai Jundao Guine Liquor Co., Ltd. and Shanghai Guangnian Liquor Co., Ltd. for a financial loan contract dispute [2]. - The plaintiff claims that a loan of 30 million yuan was fully drawn by the first defendant, but both defendants failed to fulfill their repayment obligations as per the contract [2]. Claims and Requests - The plaintiff seeks repayment of the principal amount along with overdue interest from December 11, 2024, until the actual repayment date, with a maximum recovery amount of 52 million yuan from the auction or sale of specific real estate [2]. - The plaintiff also intends to exercise the pledge rights on accounts receivable related to the business operations at a specified location, with a maximum recovery amount of 30 million yuan [2]. Potential Impact on Company - The company faces risks of asset auction or sale due to the ongoing litigation, but the exact impact on current or future profits cannot be determined until the case is formally heard [2][3].

Core Viewpoint - Hubei Three Gorges New Materials Co., Ltd. is involved in a lawsuit where it has been added as a defendant in a financial loan dispute, with the claimed amount being 150 million yuan (approximately 15 million) plus interest and fees, currently in the first instance stage [1][19]. Group 1: Basic Information of the Lawsuit - The lawsuit was initiated by Shenzhen Hongpu Investment Enterprise (Limited Partnership) against multiple defendants, including Hubei Three Gorges New Materials [1][2]. - The case has been registered with the Shenzhen Intermediate People's Court, with the case number (2023) Yue 03 Min Chu 5926 [1][2]. Group 2: Details of the Financial Dispute - The financial dispute involves a loan agreement between China Construction Bank Shenzhen Branch and Shenzhen Hengbo Commercial Chain Co., Ltd., with a total financing limit of 610 million yuan, including a revolving loan limit of 210 million yuan [2][4]. - The loan agreement allowed Hengbo Company to apply for loans as needed, with a penalty interest rate of 50% above the standard loan rate for overdue payments [4][8]. Group 3: Impact on the Company - As of the announcement date, the lawsuit has not yet been adjudicated, and there is currently no adverse impact on the company's operations [19]. - The financial implications of the lawsuit remain uncertain and will depend on the final judgment of the case [19].