Securities code: 000670 securities abbreviation: * ST Yingfang Announcement No.: 2022-005 Yingfang Microelectronics Co., Ltd
Announcement on progress of litigation matters
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Infotmic Co.Ltd(000670) (hereinafter referred to as “the company”) disclosed the announcement of litigation matters (Announcement No.: 2018-045) on May 26, 2018, mainly about the loan dispute between Tibet Hanli electronic technology partnership (limited partnership) (hereinafter referred to as “Tibet Hanli”) and Chen Weiqin, The plaintiff Chen Weiqin filed a civil lawsuit with Guangdong Jieyang intermediate people’s Court (hereinafter referred to as “Jieyang intermediate court”), and the company is one of the nine defendants. The litigants in this lawsuit are “plaintiff: Chen Weiqin; defendant: Tibet Hanli electronic technology partnership (limited partnership), Jinhuan, Chen Deqiang, Zhang jia’an, Chai Guomiao, Chen Zhicheng, Shanghai Yingfang Microelectronics Technology Co., Ltd., Infotmic Co.Ltd(000670) , Wu Pu”. For this lawsuit, Jieyang intermediate people’s court has made (2018) Yue 52 min Chu No. 16 civil judgment on December 31, 2021. For details, please refer to the relevant announcements disclosed by the company on cninfo.com.
On January 27, 2022, the company received the civil appeal forwarded by the attorney. Wu Pu, the defendant of the first instance of this case, refused to accept the judgment made by the court of first instance Jieyang intermediate people’s court and appealed to the higher people’s Court of Guangdong Province. The appeal request is as follows:
“I. request to revoke the content of Article 3 of (2018) Yue 52 min Chu No. 16 civil judgment, return it for retrial or change the judgment according to law, and the appellant shall not be liable for debt repayment;
2、 The appellant is not required to bear the litigation costs of the first instance of the case;
3、 Order the appellee to bear the litigation costs of the second instance of this case. “
The company will pay close attention to the follow-up progress of the above litigation matters and fulfill the obligation of information disclosure in time. It is hereby announced.
Infotmic Co.Ltd(000670) board of directors
January 28, 2022
