Securities code: 605296 securities abbreviation: Yunnan Shennong Agricultural Industry Group Co.Ltd(605296) Announcement No.: 2022-009 Yunnan Shennong Agricultural Industry Group Co.Ltd(605296)
Announcement of litigation involving subsidiaries
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 litigation stage of the case: the case has been accepted and has not yet been heard.
Party status of the listed company: the defendant Wuding Shennong Pig Industry Development Co., Ltd. (hereinafter referred to as “Wuding pig industry”) is a wholly-owned subsidiary of Yunnan Shennong Agricultural Industry Group Co.Ltd(605296) (hereinafter referred to as “the company”).
Amount involved: 500000 yuan.
Whether it will have a negative impact on the profits and losses of listed companies: the case has not been heard, and it is impossible to judge the amount of impact on the company’s profits in the current period or after the period. 1、 Basic information of this lawsuit
Recently, Wuding pig industry, a wholly-owned subsidiary of the company, received the hearing summons of Yunnan Anning people’s Court ((2022) Yun 0181 min Chu No. 182) and the notice of appearance of Anning people’s Court ((2022) Yun 0181 min Chu No. 182) served by Yunnan Anning people’s court and the civil complaint of Wuding Dingxin Mining Co., Ltd. Wuding Dingxin Mining Co., Ltd. filed a lawsuit to the people’s Court of Anning City due to the mining right dispute. The people’s Court of Anning City has accepted the case. As of the date of this announcement, the case has not been heard.
(I) basic information of the plaintiff
Plaintiff: Wuding Dingxin Mining Co., Ltd
Address: No. 10, Huancheng West Road, Shishan town, Wuding County, Chuxiong Prefecture, Yunnan Province
Unified social credit Code: 91532329563175023t
Litigation representative: manager of Kunming Anning Yongchang material economic and Trade Group Co., Ltd
Entrusted agents ad litem: fan Xinger, Yu Yang, managers and staff of Kunming Anning Yongchang material economic and Trade Group Co., Ltd
(II) basic information of the defendant
Defendant: Wuding Shennong Pig Industry Development Co., Ltd
Domicile: Wenbi mountain, Yibo village committee, Shishan town, Wuding County, Chuxiong Yi Autonomous Prefecture, Yunnan Province
Unified social credit Code: 91532329ma6p866c7u. 2、 Facts, reasons and demands of this lawsuit
(I) plaintiff’s claim
1. Order the defendant to immediately stop the infringement within the mining area of the plaintiff’s mining right;
2. Order the defendant to immediately remove the buildings, structures, facilities and equipment within the mining area of the plaintiff’s mining right and restore them to their original state;
3. Order the defendant to compensate the plaintiff for the economic loss caused to the plaintiff by his infringement of RMB 500000 (the specific amount shall be subject to the judicial appraisal report);
4. It is ordered that the litigation costs, preservation costs, preservation guarantee costs, evaluation and appraisal costs of this case shall be borne by the defendant. (II) facts and reasons claimed by the plaintiff
The plaintiff Wuding Dingxin Mining Co., Ltd. was established on November 4, 2010 and its main business is the purchase and sale of mineral products; Earthwork construction; Ore handling, etc. The Department of land and resources of Yunnan Province issued the mining license of the people’s Republic of China to the plaintiff on March 7, 2013. The mining right is the plaintiff. It mines iron ore at No. 10, Huancheng West Road, Shishan town, Wuding county. The mining method is underground mining. The name of the mine is bajiaoqing iron mine in Wuding County, and the mining area is 1.5607 square kilometers, The term of validity is from March 7, 2013 to April 7, 2022.
The plaintiff believed that the defendant built the “Wenbishan farm construction project in Shishan town” and “100000 pig farm construction project decontamination center” within the scope of the plaintiff’s mining right without the plaintiff’s consent, which overthrew the plaintiff’s mining right and made the plaintiff unable to mine normally. In addition, the plaintiff believes that the expiration date of the license of the mining right involved by the plaintiff is April 7, 2022. Due to the overburden of the defendant, the continuation of the plaintiff’s mining license is affected, so that the plaintiff’s mining license may be lost. 3、 The impact of this lawsuit on the company’s profits in the current period or after the period
The above-mentioned cases have not been heard in court, and the litigation results cannot be determined, and the surface of the mining area involved in the lawsuit involves the construction project of 150000 piglets breeding base of Wuding pig industry, the construction project of 150000 piglets breeding base of Wenbi mountain of Wuding pig industry and other implemented fund-raising projects. For the time being, the company is unable to judge the specific impact of this lawsuit on the company’s profits in the current period or after the period, The final impact shall be subject to the court hearing results and the data audited by accountants. At present, the company operates normally and has a sound financial situation. At the same time, the company will pay close attention to and attach great importance to this matter. The subsequent company will actively respond to the lawsuit and take necessary legal measures to effectively safeguard the legitimate rights and interests of the company and shareholders and minimize the impact of the above events. 4、 Other undisclosed litigation and arbitration matters of the company
In addition to the above litigation, the company and its subsidiaries have occurred within 12 consecutive months before the disclosure date of this announcement. At present, in the cases of enforcement, litigation, arbitration and settlement, the total amount of the cases of the company and its subsidiaries as the plaintiff or applicant is 540385.50 yuan, and the total amount of the cases as the defendant or respondent is 115625.03 yuan. It is hereby announced.
Yunnan Shennong Agricultural Industry Group Co.Ltd(605296) board of directors February 11, 2022
