Securities code: 600651 securities abbreviation: Shanghai Feilo Acoustics Co.Ltd(600651) No.: pro 2022-008 Shanghai Feilo Acoustics Co.Ltd(600651)
Cumulative announcements involving litigation
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:
The cumulative amount of litigation (Arbitration) matters newly added by the company and its holding subsidiaries in China is 81.4891 million yuan. Among them, the cumulative ruling amount of the newly added cases of Securities Misrepresentation liability disputes was 65.3384 million yuan; The amount of other litigation (Arbitration) matters in China is 16.1507 million yuan.
The cumulative amount of litigation (Arbitration) matters newly added by overseas subsidiaries of the company is 17.9003 million yuan. Whether it will have a negative impact on the profits and losses of listed companies: since some litigation cases are still under trial and some cases are still in the early stage of negotiation between the two parties, it is impossible to predict their impact on the profits of the company at present.
Recently, Shanghai Feilo Acoustics Co.Ltd(600651) (hereinafter referred to as “the company”) received the civil ruling, civil judgment and relevant legal documents of civil litigation sent by the court. Up to now, the cumulative amount of awards in the new cases of Securities Misrepresentation liability disputes is 65.3384 million yuan. In addition to the cases of Securities Misrepresentation liability disputes, the cumulative amount involved in the litigation matters of the company and its holding subsidiaries in China is 16.1507 million yuan, and the cumulative amount involved in the litigation (Arbitration) matters of the company’s overseas subsidiaries is 17.903 million yuan. The relevant litigation is hereby announced as follows:
1、 Basic information of litigation in China
1. Disputes over Securities Misrepresentation liability
(1) Civil ruling
The Shanghai financial court ordered the company to compensate the plaintiff involved in the Securities Misrepresentation liability dispute case for the loss of investment balance, commission, stamp duty and interest, and bear part of the case acceptance fee, totaling 26.2526 million yuan.
(2) Civil judgment
The Shanghai financial court ordered the company to compensate the plaintiff involved in the Securities Misrepresentation liability dispute case for the loss of investment balance, commission, stamp duty and interest, and bear part of the case acceptance fee, totaling 39.0858 million yuan.
2. Other litigation cases in China
In addition to Securities Misrepresentation liability disputes, there are 18 litigation (Arbitration) cases in China, involving a total amount of 16.1507 million yuan. Among them, the company and its holding subsidiaries involved 13 cases as plaintiffs, involving an amount of 3.5827 million yuan, and 5 cases as defendants, involving an amount of 12.568 million yuan.
2、 Basic information of foreign litigation
As of January 31, 2022, the company’s overseas subsidiaries have added a total of 10 litigation (Arbitration) cases, involving a cumulative amount of 17.903 million yuan. Among them, there were 6 cases of overseas subsidiaries of the company as plaintiffs, involving an amount of 5.1783 million yuan, and 4 cases as defendants, involving an amount of 12.722 million yuan.
3、 Impact of litigation on the company’s current profits or future profits
Since some litigation cases are still under trial and some cases are still in the early stage of negotiation between the two parties, it is impossible to predict their impact on the company’s profits at present. The company will continue to pay attention to the progress of the above related cases and fulfill the obligation of information disclosure in time.
It is hereby announced
Shanghai Feilo Acoustics Co.Ltd(600651) board of directors
February 9, 2022
