Securities code: 000711 securities abbreviation: Kingland Technology Co.Ltd(000711) Announcement No.: 2022-038 Kingland Technology Co.Ltd(000711)
About Tianjin Beikong Engineering Management Consulting Co., Ltd., Gao Xuegang, etc
Failure to complete the announcement on the progress of major litigation for compensation for the performance of the gambling industry
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.
Recently, Kingland Technology Co.Ltd(000711) (hereinafter referred to as ” Kingland Technology Co.Ltd(000711) ” and “the company”) received the confirmation of securities transfer registration from China Securities Depository and Clearing Co., Ltd. and now the relevant information is announced as follows. 1、 Basic information on the acceptance of this major litigation
On December 20, 2019, Kingland Technology Co.Ltd(000711) on Tianjin Beikong Engineering Management Consulting Co., Ltd. (hereinafter referred to as “Beikong consulting”), Tianjin North venture Municipal Engineering Group Co., Ltd. (hereinafter referred to as “northern municipal”), Gao Xuegang, Gao Zuobin, Gao Xueqiang, Gao Zuoming Yang Chunli failed to complete the performance commitment made in the transaction in which the company acquired 90.11% equity of Jinglan North Garden (Tianjin) Co., Ltd. and raised supporting funds, filed a lawsuit with Beijing third intermediate people’s Court (hereinafter referred to as “Beijing third intermediate people’s court”) and applied to the court to preserve the defendant’s property. On March 24, 2021, the company received the civil judgment ((2020) Jing 03 min Chu No. 15) issued by Beijing No. 3 intermediate people’s court. After the judgment came into force, the company applied to the court for execution because the defendants failed to execute according to the judgment results, and received the execution ruling of Beijing No. 3 intermediate people’s Court (2021 Jing 03 Zhi No. 2091) on December 8, 2021.
2、 Basic information about the case
(I) litigants
Plaintiff: Kingland Technology Co.Ltd(000711)
Defendant 1: Tianjin Beikong Engineering Management Consulting Co., Ltd
Defendant 2: Gao Xuegang, male
Defendant 3: Gao Zuobin, male
Defendant 4: Gao Xueqiang, male
Defendant 5: Gao Zuoming, male
Defendant 6: Yang Chunli, female
Defendant 7: Tianjin North venture Municipal Engineering Group Co., Ltd
(II) claims
1. Request to order defendant 1, defendant 2, defendant 3, defendant 4, defendant 5 and defendant 6 to immediately pay compensation of RMB 720878500 to the plaintiff. The amount of performance compensation is preferentially carried out by compensating the plaintiff for the number of plaintiff shares held by defendant 1, defendant 2, defendant 3, defendant 4, defendant 5 and defendant 6 respectively. The specific way is that the plaintiff repurchases and cancels all plaintiff shares actually compensated by defendant 1, defendant 2, defendant 3, defendant 4, defendant 5 and defendant 6 to the plaintiff at the price of 1 yuan; If the amount corresponding to the actual number of compensation shares of defendant 1, defendant 2, defendant 3, defendant 4, defendant 5 and defendant 6 is less than the compensation amount, defendant 1, defendant 2, defendant 3, defendant 4, defendant 5 and defendant 6 shall make full compensation to the plaintiff in cash within the scope of their respective performance compensation amount.
2. Request that the defendant be ordered to pay liquidated damages, overdue interest, lawyer’s fees, case acceptance fees, property preservation fees and other expenses to the plaintiff.
The total amount of the above claims is 780350875.44 yuan.
3、 Judgment or ruling
For details of the judgment, the company made a statement on China Securities Journal, securities times, Shanghai Securities News and cninfo.com on March 25, 2021（ http://www.cn.info.com.cn. ）Announcement on major litigation progress of Kingland Technology Co.Ltd(000711) Co., Ltd. on compensation for outstanding gambling performance of Tianjin Beikong Engineering Management Consulting Co., Ltd. and Gao Xuegang (Announcement No. “2021-033”).
For details of the ruling, the company published in China Securities Journal, securities times, Shanghai Securities News and cninfo on December 17, 2021（ http://www.cn.info.com.cn. ）Announcement on major litigation progress of Kingland Technology Co.Ltd(000711) Co., Ltd. on compensation for outstanding gambling performance of Tianjin Beikong Engineering Management Consulting Co., Ltd. and Gao Xuegang (Announcement No. “2021-143”).
4、 Execution of ruling
According to the execution ruling of the third intermediate people’s Court of Beijing Municipality (2021 j03z No. 2091), the compulsory execution procedures of stock repurchase transfer have been completed. The company received the confirmation of securities transfer registration from China Securities Depository and Clearing Co., Ltd. on February 8, 2022, confirming Gao Xueqiang, Gao Zuoming, Gao Zuobin Yang Chunli’s corresponding shares have been transferred and registered to the Kingland Technology Co.Ltd(000711) special securities account for repurchase. The details are as follows:
Sequence transfer out securities account transfer into securities account securities share transfer quantity taxable price transfer taxable number code nature (yuan / share) fruits amount
0899990471
0159646174 Kingland Technology Co.Ltd(000711) shares 000711 01
1. Gao Xueqiang Co., Ltd. repurchased the restricted shares of special certificate technology at 2475570.00 0.0001 0.00 247.56 after the initial launch of jinglanke
Coupon account
0899990471
0159656379 Kingland Technology Co.Ltd(000711) shares 000711 01
2. Gaozuomingfen Co., Ltd. bought back the restricted shares of special certificate technology at 2475570.00 0.0001 0.00 247.56 after the initial launch of jinglanke
Coupon account
0899990471
0159659092 Kingland Technology Co.Ltd(000711) shares 000711 01
3. Gao Zuobin Co., Ltd. bought back the restricted shares of special securities technology at 2225897.00 0.0001 0.00 222.59 after the initial launch of jinglanke
Coupon account
0899990471
0189677450 Kingland Technology Co.Ltd(000711) shares 000711 01
4. Yang Chunli Co., Ltd. repurchased the restricted shares of special certificate technology at 2475570.00 0.0001 0.00 247.56 after the initial launch of jinglanke
Coupon account
5、 Whether there is a brief description of other litigation matters that have not been disclosed
(I) before this announcement, the litigation and arbitration matters of the company and its holding subsidiaries were mainly small cases of construction contract disputes, sales contract disputes, labor disputes and other matters.
(II) the company and its holding subsidiaries have no other litigation and arbitration matters that should be disclosed but not disclosed.
6、 Possible impact of the disclosed litigation on the company’s current profit or future profit
After receiving the execution ruling, the company immediately started the execution work. At present, it is impossible to predict the completion time and specific completion of each execution work, so it is impossible to judge the specific impact on the company’s profits in the current period or after the period. The company will actively promote the follow-up implementation work and safeguard the interests of the company and all shareholders. If there is progress, the company will timely perform the obligation of information disclosure. Please pay attention to the risks and invest cautiously.
7、 Documents for future reference
Confirmation of securities transfer registration
It is hereby announced.
Kingland Technology Co.Ltd(000711) board of directors February 10, 2002
