Securities code: 600666 securities abbreviation: St Ruide Announcement No.: pro 2022-007 aoruide North Electro-Optic Co.Ltd(600184) Co., Ltd
Announcement on the progress of litigation against small and medium-sized investors
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 judgment of the first instance
Party status of listed company: defendant / one of the defendants
Amount involved: 446 small and medium-sized investor lawsuits, the plaintiff’s claim amount is 92252073.73 yuan, and the compensation amount in the first instance judgment is 42458373.26 yuan (including litigation costs)
Whether it will have a negative impact on the profits and losses of listed companies: for the judgment of the first instance, aoruide North Electro-Optic Co.Ltd(600184) Co., Ltd. (hereinafter referred to as “the company” or “aoruide”) will accrue estimated liabilities for the above litigation cases in accordance with relevant accounting standards and regulations, and will appeal to the court within the time limit specified by law, The final accounting treatment shall be subject to the results confirmed by the annual audit of the audit institution. The company will continue to pay attention to the progress of relevant cases, timely fulfill the obligation of information disclosure, and invite investors to pay attention to investment risks.
Recently, the company has received 446 civil judgments from Harbin intermediate people’s Court (hereinafter referred to as “Harbin intermediate people’s court”), and now announces the relevant matters as follows:
1、 Main information of litigation cases
(I) 195 judgments
1. Litigants
Plaintiff: 195 natural persons
Defendant: Audrey
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 33349871.86 yuan.
(2) The legal costs of the case shall be borne by the defendant.
3. Facts and reasons
On July 17, 2020, the company received the decision on administrative punishment ([2020] No. 2) from Chongqing regulatory bureau of China Securities Regulatory Commission. The CSRC imposed administrative punishment of warning and fine on the company and relevant responsible persons. The plaintiff filed a lawsuit with the Central People’s Court of Kazakhstan on the ground that the defendant should bear the responsibility for Securities Misrepresentation, The defendant is required to bear civil liability for illegal information disclosure.
4. Judgment of first instance
(1) The defendant aoruide was ordered to pay the plaintiff compensation totaling RMB 15921076.68.
(2) Reject other claims of the plaintiff.
The case acceptance fee is 296609.11 yuan borne by ORID, and the case loss calculation fee is 147565.00 yuan borne by ORID.
(II) 161 judgments
1. Litigants
Plaintiff: 161 natural persons
Defendant: aoruide, Dahua Certified Public Accountants (special general partnership) (hereinafter referred to as “Dahua”)
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 40823321.86 yuan.
(2) The legal costs of the case shall be borne by the defendant.
3. Facts and reasons
On July 17, 2020, the company received the decision on administrative punishment ([2020] No. 2) from Chongqing regulatory bureau of China Securities Regulatory Commission. The CSRC imposed administrative punishment of warning and fine on the company and relevant responsible persons. The plaintiff filed a lawsuit with the Central People’s Court of Kazakhstan on the ground that the defendant should bear the responsibility for Securities Misrepresentation, The defendant is required to bear civil liability for illegal information disclosure.
4. Judgment of first instance
(1) The defendant aoruide was ordered to pay the plaintiff compensation totaling 17381126.37 yuan.
(2) The defendant Dahua shall be jointly and severally liable within 5% of the first payment obligation of ORID’s appeal. (3) Reject other claims of the plaintiff.
The case acceptance fee is 293144.31 yuan borne by ORID, and Dahua shall be jointly and severally liable within 5% of the case acceptance fee borne by ORID. The case loss calculation cost of 122067.00 yuan shall be borne by ORID.
(III) 34 judgments
1. Litigants
Plaintiff: 34 natural persons
Defendants: aoruide, Zuo Hongbo, Dahua
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 9627567.36 yuan.
(2) The legal costs of the case shall be borne by the defendant.
3. Facts and reasons
On July 17, 2020, the company received the decision on administrative punishment ([2020] No. 2) from Chongqing regulatory bureau of China Securities Regulatory Commission. The CSRC imposed administrative punishment of warning and fine on the company and relevant responsible persons. The plaintiff filed a lawsuit with the Central People’s Court of Kazakhstan on the ground that the defendant should bear the responsibility for Securities Misrepresentation, The defendant is required to bear civil liability for illegal information disclosure.
4. Judgment of first instance
(1) The defendant aoruide was ordered to pay the plaintiff compensation totaling 3802280.07 yuan.
(2) The defendant Zuo Hongbo shall be jointly and severally liable for the payment obligation in the first item of aoruide’s appeal.
(3) The defendant Dahua shall be jointly and severally liable within 5% of the first payment obligation of ORID’s appeal. (4) Reject other claims of the plaintiff.
The case acceptance fee is 75637.26 yuan borne by ORID, Zuo Hongbo is jointly and severally liable for the case acceptance fee borne by ORID, and Dahua is jointly and severally liable within 5% of the case acceptance fee borne by ORID. The case loss calculation cost of 25598.00 yuan shall be borne by ORID.
(IV) 52 judgments
1. Litigants
Plaintiff: 52 natural persons
Defendants: aoruide, Zuo Hongbo, Chu Shuxia, Dahua
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 6771365.48 yuan.
(2) The legal costs of the case shall be borne by the defendant.
3. Facts and reasons
On July 17, 2020, the company received the decision on administrative punishment ([2020] No. 2) from Chongqing regulatory bureau of China Securities Regulatory Commission. The CSRC imposed administrative punishment of warning and fine on the company and relevant responsible persons. The plaintiff filed a lawsuit with the Central People’s Court of Kazakhstan on the ground that the defendant should bear the responsibility for Securities Misrepresentation, The defendant is required to bear civil liability for illegal information disclosure.
4. Judgment of first instance
(1) The defendant aoruide was ordered to pay the plaintiff compensation totaling RMB 3475136.43.
(2) The defendant Zuo Hongbo shall be jointly and severally liable for the payment obligation in the first item of aoruide’s appeal.
(3) The defendant Chu Shuxia shall be jointly and severally liable for the payment obligation in the first item of aoruide’s appeal within the range of 5%.
(4) The defendant Dahua shall be jointly and severally liable within 5% of the first payment obligation of ORID’s appeal. (5) Reject other claims of the plaintiff.
The case acceptance fee is 68958.51 yuan borne by ORID, Zuo Hongbo is jointly and severally liable for the case acceptance fee borne by ORID, and Chu Shuxia and Dahua are jointly and severally liable within 5% of the case acceptance fee borne by ORID. The case loss calculation cost of 39644.00 yuan shall be borne by ORID.
(V) three judgments
1. Litigants
Plaintiff: 3 natural persons
Defendants: aoruide, Zuo Hongbo, Chu Shuxia
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 426783.04 yuan.
(2) The legal costs of the case shall be borne by the defendant.
3. Facts and reasons
On July 17, 2020, the company received the decision on administrative punishment ([2020] No. 2) from Chongqing regulatory bureau of China Securities Regulatory Commission. The CSRC imposed administrative punishment of warning and fine on the company and relevant responsible persons. The plaintiff filed a lawsuit with the Central People’s Court of Kazakhstan on the ground that the defendant should bear the responsibility for Securities Misrepresentation, The defendant is required to bear civil liability for illegal information disclosure.
4. Judgment of first instance
(1) The defendant aoruide was ordered to pay the plaintiff compensation totaling RMB 170331.22.
(2) The defendant Zuo Hongbo shall be jointly and severally liable for the payment obligation in the first item of aoruide’s appeal.
(3) The defendant Chu Shuxia shall be jointly and severally liable for the payment obligation in the first item of aoruide’s appeal within the range of 5%. (4) Reject other claims of the plaintiff.
The case acceptance fee is 3658.28 yuan borne by ORID, Zuo Hongbo is jointly and severally liable for the case acceptance fee borne by ORID, and Chu Shuxia is jointly and severally liable within 5% of the case acceptance fee borne by ORID. The case loss calculation cost of 2241.00 yuan shall be borne by ORID.
(VI) 1 judgment
1. Litigants
Plaintiff: 1 natural person
Defendants: aoruide, Zuo Hongbo
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for the total investment loss of 1253164.13 yuan.
(2) The legal costs of the case shall be borne by the defendant.
3. Facts and reasons
On July 17, 2020, the company received the decision on administrative punishment ([2020] No. 2) from Chongqing regulatory bureau of China Securities Regulatory Commission. The CSRC imposed administrative punishment of warning and fine on the company and relevant responsible persons. The plaintiff filed a lawsuit with the Central People’s Court of Kazakhstan on the ground that the defendant should bear the responsibility for Securities Misrepresentation, The defendant is required to bear civil liability for illegal information disclosure.
4. Judgment of first instance
(1) The defendant aoruide was ordered to pay the plaintiff compensation totaling 622527.74 yuan.
(2) The defendant Zuo Hongbo shall be jointly and severally liable for the payment obligation in the first item of aoruide’s appeal.
(3) Reject other claims of the plaintiff.
The case acceptance fee is 10025.28 yuan borne by ORID, and Zuo Hongbo is jointly and severally liable for the case acceptance fee borne by ORID. The case loss calculation cost of 747.00 yuan shall be borne by ORID.
2、 The impact of this lawsuit on the company’s profits in the current period or after the period
For the above judgment results, the company will accrue estimated liabilities for the above litigation cases in accordance with relevant accounting standards and regulations, and will appeal to the court within the time limit specified by law. The final accounting treatment shall be subject to the results confirmed by the annual audit of the audit institution. The company will continue to pay attention to the progress of the above cases and fulfill the obligation of information disclosure in time. The information disclosure media designated by the company are Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN), The relevant information of the company shall be subject to the information disclosed by the company in the above designated media. Please pay attention to investment risks.
It is hereby announced.
Board of directors of aoruide North Electro-Optic Co.Ltd(600184) Co., Ltd. February 10, 2022
