Core Viewpoint - Guangdong Mingzhu Group Co., Ltd. is currently involved in a legal dispute concerning its subsidiary, Guangzhou Valve Co., Ltd., with a total claim amounting to approximately 200 million yuan in principal and interest [1][2]. Summary by Sections Legal Proceedings Overview - On May 4, 2023, Guangzhou Valve informed the company of receiving a civil judgment from the Guangdong High People's Court [2]. - On June 16, 2023, the case was accepted for execution by the Zhaoqing Intermediate People's Court [2]. - On September 11, 2023, the court planned to auction properties owned by the defendants to settle the debts [2]. - The company has received various payments and property transfers as part of the execution process, including a total of 9,865,031.56 yuan in execution payments as of September 28, 2025 [3]. Latest Execution Developments - The latest payment received by Guangzhou Valve was 2,355,588.70 yuan on September 28, 2025 [3]. - The total amount received from the execution process includes various properties and cash payments, indicating ongoing efforts to recover the owed amounts [3]. - The uncertainty surrounding the execution results makes it difficult for the company to assess the impact on current and future profits [3].

Core Viewpoint - The announcement details the progress of a lawsuit involving Tianjin Jiuri New Materials Co., Ltd. and its subsidiaries, indicating that the case is currently in the enforcement stage following a second-instance judgment [2][3]. Summary by Sections Lawsuit Background - The lawsuit originated from a construction contract dispute filed by Nantong Changcheng Construction Group Co., Ltd. against Jiuri's subsidiaries, claiming a total of 20,606,460.00 yuan in construction payments and penalties [4]. - The first-instance judgment was received on February 1, 2024, and the company appealed the decision shortly thereafter [5]. Current Status of the Lawsuit - As of July 1, 2025, the second-instance judgment was delivered, and Nantong Changcheng has not complied with the ruling to deliver a value-added tax invoice amounting to 59,805,733.50 yuan [6][7]. - Consequently, Jiuri's subsidiaries filed for compulsory enforcement on July 18, 2025, and received a notice of acceptance from the court on August 13, 2025 [7][8]. Financial Implications - The company has already made provisions for the potential financial impact of this lawsuit in its 2023 and 2024 financial statements, indicating that the lawsuit will not have a significant adverse effect on current or future profits [3][13]. - The enforcement of the judgment is expected to be managed according to accounting standards, with final impacts subject to audit confirmation [3][13].

Core Viewpoint - The company is currently involved in a legal execution process regarding a lawsuit initiated to protect its rights, with a recent court ruling supporting the company's claims [1][2]. Group 1: Legal Proceedings - On March 13, 2024, the company filed a lawsuit with the Shanghai Pudong New District People's Court to safeguard its interests [1]. - The company received a favorable first-instance judgment on December 31, 2024, which supported all of its claims [1]. - The opposing party, Shanghai Shishi Leasing, appealed the first-instance judgment, leading to a second-instance case being accepted by the Shanghai Financial Court [1]. Group 2: Execution Progress - The case is currently in the execution phase, with the company's 27.5% stake in Shanghai Shishi Commercial Factoring Co., Ltd. being transferred to Shanghai Shishi Leasing [2][3]. - The company is entitled to receive a remaining equity repurchase payment of 7,127,397.26 yuan and has already exercised its right to a security transfer amounting to 137.5 million yuan [3]. - The execution results remain uncertain, and the potential impact on the company's current and future profits is not yet determined [2][3]. Group 3: Disclosure and Transparency - As of the announcement date, the company has no other undisclosed litigation or arbitration matters [2].

Core Viewpoint - The company is in the execution phase of a lawsuit against Fujian Ruixin Energy Technology Co., Ltd. for unpaid debts totaling approximately RMB 40.037 million, which includes principal, penalties, interest, and related fees [2][4][6]. Group 1: Lawsuit Background - In March 2017, the company filed a dispute with Fujian Ruixin and Shanghai Ruien Energy Investment Co., Ltd. regarding a contract related to the Sanjin Steel's waste heat power generation project [3]. - In February 2018, the arbitration committee ruled that Fujian Ruixin must pay RMB 26.122 million in project payments and RMB 13.0636 million in penalties, with Shanghai Ruien jointly liable [4][5]. - The company applied for enforcement of the arbitration ruling in March 2018, leading to the freezing of assets related to Fujian Ruixin and Shanghai Ruien [6]. Group 2: Execution Progress - As of May 7, 2021, the company requested the Fuzhou Intermediate People's Court to enforce the payment of RMB 40.037 million from Fujian Ruixin, which includes various fees [6][7]. - The court initiated the auction of Fujian Ruixin's assets, resulting in a successful bid of RMB 3.349 million for certain equipment and facilities [7]. - The company received RMB 2.9617 million from the auction proceeds, which will impact its net profit for the fiscal year 2025 [2][10]. Group 3: Financial Impact - The received execution amount of RMB 2.9617 million will be recorded in the company's financial statements for the year 2025, subject to final audit confirmation [10]. - This payment will enhance the company's cash flow situation, improving overall liquidity [11]. Group 4: Ongoing Legal Matters - As of the announcement date, the company and its subsidiaries do not have any other undisclosed significant lawsuits or arbitration matters [9]. Group 5: Future Actions - The company will continue to monitor the situation and fulfill its disclosure obligations as per the regulations of the Shenzhen Stock Exchange [13].

Group 1 - The company has filed a lawsuit against Peisi International Trade (Beijing) Co., Ltd. for the repayment of 37.07 million yuan in principal and interest, following a civil judgment from July 25, 2019, which ordered Peisi to repay the amount [1] - Peisi failed to repay the debt as per the settlement agreement, prompting the company to apply for enforcement of the judgment, leading to the court's recent issuance of an enforcement ruling [1][2] - The court has conducted extensive investigations into Peisi's assets and found no executables, thus terminating the enforcement procedure while allowing the company to request resumption of enforcement if Peisi's financial situation changes [2] Group 2 - The company has already fully provisioned for credit impairment losses related to the receivable from Peisi, indicating that the recent developments will not impact the company's current or future profits [2] - As of the announcement date, the company and its subsidiaries have no other significant litigation or arbitration matters that require disclosure [2]

Group 1 - The company, Nanjing Koyuan Smart Technology Group Co., Ltd., is involved in a legal dispute with Shanghai Pudong Development Bank Nantong Branch regarding a savings deposit contract, with the first-instance judgment made on December 31, 2024, and the appeal rejected on May 17, 2025 [1][2] - As of July 21, 2025, the company received a total of RMB 210 million from the court, but there remains an outstanding amount of RMB 85 million in principal and interest that has not yet been recovered [2] - The company has initiated a lawsuit for the remaining RMB 85 million, which is expected to have a high likelihood of recovery due to the legal relationship being consistent with the previously adjudicated case [2][3] Group 2 - The company does not have any other significant undisclosed litigation or arbitration matters as of the announcement date [3] - The ongoing litigation is anticipated to have a positive impact on the company's financial status for the current year, pending final accounting confirmation [3] - The company will continue to monitor the execution of the court's judgment and will actively respond to any related legal proceedings [3]

Core Viewpoint - The announcement details the ongoing litigation involving the company's subsidiary, highlighting the execution of a civil judgment and the financial implications of the case [1][10][13]. Group 1: Litigation Overview - The company’s subsidiary, Heilongjiang Longjian Road and Bridge Fifth Engineering Co., Ltd., has initiated legal proceedings against Jilin Changcheng Road and Bridge Construction Co., Ltd. [2] - The case involves a civil judgment where the court has ruled in favor of the subsidiary, confirming a debt of 11,418,863.00 yuan plus interest, along with additional fees totaling 17,313.00 yuan [10][12]. - The court has issued an execution order to seize funds owed to the defendant from a third party, amounting to 5,463,228.36 yuan, which has been partially received by the subsidiary after deducting execution fees [3][4]. Group 2: Current Status and Financial Impact - The execution of the judgment has faced complications, with the court unable to dispose of certain seized properties due to ongoing legal issues involving the defendant [4][10]. - The company acknowledges the uncertainty surrounding the execution process and its potential impact on current and future profits, stating that it cannot yet determine the financial effects until the final audit results are available [13]. - The company will continue to monitor the situation and maintain communication with the defendant to protect its legal rights [13].

Core Viewpoint - The company is involved in a significant legal dispute with Shenzhen Evergrande Material Equipment Co., Ltd. regarding a contract dispute, with a claim amounting to RMB 158,021,125 [1][2]. Legal Proceedings - The company’s subsidiary, Shiwang Yingpai, filed a civil lawsuit on January 28, 2022, seeking the return of a deposit and interest from the defendant [1]. - A civil judgment was issued, ordering the defendant to return the principal amount of RMB 130,000,000 and pay the case acceptance fee of RMB 831,905.63, along with interest until actual payment [2]. - Recently, the company received an execution ruling stating that no executable assets were found for the defendant, thus terminating the execution process [2][4]. Financial Implications - The total amount involved in ongoing litigation and arbitration matters, as of the announcement date, is RMB 32,131.27 million [2]. - The company has previously made significant provisions for receivables related to the Evergrande Group, amounting to a 95.9% credit impairment provision, indicating a cautious approach to potential financial impacts from these legal matters [12]. Other Legal Matters - The company is currently involved in multiple other lawsuits and arbitration cases, with a total amount of RMB 1,871.04 million as the plaintiff and RMB 91.48 million as the defendant [12]. - The company has disclosed ongoing litigation cases involving amounts over RMB 1 million, with various stages of progress, including judgments and appeals [3][5].