Securities code: 600759 securities abbreviation: Geo-Jade Petroleum Corporation(600759) Announcement No.: 2022-003 Geo-Jade Petroleum Corporation(600759) litigation announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Litigation (Arbitration) stage of the case: relevant litigation cases are currently in the prosecution stage.
Party status of listed company: Geo-Jade Petroleum Corporation(600759) (hereinafter referred to as “company” or ” Geo-Jade Petroleum Corporation(600759) “) is the defendant.
Amount involved in litigation cases: the amount involved in the litigation progress cases disclosed this time is about 50 million yuan. Whether it will have a negative impact on the profits and losses of listed companies: the litigation progress disclosed this time will not affect the current or future profits of the company, and investors are reminded to pay attention to investment risks.
1、 Basic information of related litigation
Dispute over guarantee contract with Shengshi company
On October 22, 2021, Shengshi Asset Management Co., Ltd. (hereinafter referred to as “Shengshi”) sued Geo-Jade Petroleum Corporation(600759) to the people’s Court of Yinzhou District, Ningbo City, Zhejiang Province (hereinafter referred to as “Ningbo court”), requesting Geo-Jade Petroleum Corporation(600759) to act as the joint and several liability guarantor of the debtor Shanghai Longzhou Xinke Energy Investment Co., Ltd. (hereinafter referred to as “Longzhou Xinke”), Bear joint and several liabilities for the principal and interest of its outstanding loan of 50 million yuan.
2、 Impact of relevant litigation on the company’s profits in the current period
This progress case will not affect the company’s current profit, and investors are reminded to pay attention to investment risks. The company will continue to pay attention to the progress of relevant matters and timely perform the obligation of information disclosure in accordance with relevant regulations.
It is hereby announced.
Geo-Jade Petroleum Corporation(600759) board of directors
January 28, 2022
