Securities code: 000046 securities abbreviation: Oceanwide Holdings Co.Ltd(000046) Announcement No.: 2022-023 Oceanwide Holdings Co.Ltd(000046)
Litigation progress announcement
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.
1、 Basic information
Luoyang Lear functional materials Co., Ltd. (hereinafter referred to as “Luoyang Lear”) sued Oceanwide Holdings Co.Ltd(000046) (hereinafter referred to as “company” or ” Oceanwide Holdings Co.Ltd(000046) “) to Luoyang intermediate people’s Court (hereinafter referred to as “Luoyang intermediate people’s court”) on the grounds of equity transfer dispute of Minsheng Securities Co., Ltd. (hereinafter referred to as “Minsheng securities”). Luoyang intermediate people’s court has taken property preservation measures for some properties such as the 15% equity of Shenzhen oceanwide Sanjiang Electronics Co., Ltd. (hereinafter referred to as “Sanjiang Electronics”) held by the company and 355463403 shares of Minsheng securities held by the company according to the application of Luoyang lear, And the first instance judgment has been made (for details, see the relevant announcements disclosed in China Securities Journal, securities times, Shanghai Securities News and cninfo.com on June 1, 2021, August 10, 2021, November 4, 2021 and November 6, 2021).
2、 Latest progress
The company and Luoyang Lear refused to accept the judgment of first instance and appealed to Henan Higher People’s Court (hereinafter referred to as “Henan high court”).
On January 27, 2022, the company reached a settlement and signed a settlement agreement with Luoyang Lear through friendly negotiation. The main contents are as follows:
1. Oceanwide Holdings Co.Ltd(000046) or other third party arranged by Oceanwide Holdings Co.Ltd(000046) will pay 158560670 yuan calculated to January 27, 2022 (including that day) according to the judgment result of (2021) Yu 03 min Chu No. 93 civil judgment to the account designated by Luoyang Lille.
2. After the above funds are paid in full to the designated bank account of Luoyang Lear and confirmed to be received in full by Luoyang Lear, Luoyang Lear will immediately cooperate with Oceanwide Holdings Co.Ltd(000046) to unfreeze the equity of Sanjiang electronics.
3. Both parties agree that after all the funds agreed in the settlement agreement are paid to the bank account designated by Luoyang lil, both parties apply to Henan high court for withdrawal of appeal. At the same time, Luoyang Lear shall apply to Luoyang intermediate people’s court for lifting all property preservation measures for Oceanwide Holdings Co.Ltd(000046) .
After the signing of the settlement agreement, the above-mentioned amount totaled 158560670 yuan, which has been paid in full in accordance with the agreement. Both parties filed an application for withdrawal of the appeal to Henan high court, and Luoyang Lear filed an application for lifting all property preservation measures against Oceanwide Holdings Co.Ltd(000046) to Luoyang intermediate court. On February 14, 2022, the company received the civil ruling [(2021) yuminzhong No. 1356] served by Henan high court, allowing Luoyang lile and Oceanwide Holdings Co.Ltd(000046) to withdraw their appeal.
3、 Other
The lawsuit has been concluded, and the lawsuit has no significant impact on the company’s profits in the current period or after the period. Subsequently, the company will actively deal with the lifting of preservation measures for the company’s assets involved in this lawsuit.
It is hereby announced.
Oceanwide Holdings Co.Ltd(000046) board of directors
February 16, 2002
