Guangdong Homa Group Co.Ltd(002668) : Announcement on the progress of contract disputes and major litigation matters between the company and Bank of Shanxi

Securities code: 002668 securities abbreviation: Guangdong Homa Group Co.Ltd(002668) Announcement No.: 2022-009

Guangdong Homa Group Co.Ltd(002668)

Announcement on the progress of contract disputes and major litigation matters between the company and Bank of Shanxi

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 of litigation

Guangdong Homa Group Co.Ltd(002668) (hereinafter referred to as “the company”) sued Changzhi Branch of Bank of Shanxi Co., Ltd. (formerly known as Changzhi Bank Co., Ltd., hereinafter referred to as “Bank of Shanxi”) in December 2021 to Changzhi intermediate people’s Court of Shanxi Province (hereinafter referred to as “Changzhi intermediate people’s court”) for contract disputes, Wallet Jinfu (Beijing) Technology Co., Ltd. is the third party in this case; On January 14, 2022, the company received the (2021) Jin 04 min Chu No. 177 subpoena from Changzhi intermediate people’s court. Shanxi Bank sued Shanxi Zhiyuan Ronghui Technology Co., Ltd. and the company to Changzhi intermediate people’s court for contract disputes. For details, see the announcement on contract disputes and major litigation matters between the company and Bank of Shanxi (Announcement No.: 2022-003) disclosed by the company on cninfo.com on January 18, 2022.

2、 Progress of this lawsuit

On February 15, 2022, the company received the notice of settlement (2021 jin04 Zhibao No. 39) on pre litigation preservation measures delivered by Changzhi intermediate people’s court. A total of four bank accounts of the company were frozen by Changzhi intermediate people’s court, with a total frozen amount of 5436950.17 yuan. In addition, part of the equity of Bank of Shanxi Co., Ltd. held by the company was also frozen. The first instance of this case has not yet been heard. This freezing is a pre litigation preservation measure taken by the Bank of Shanxi. The company will actively prepare for responding to the lawsuit.

3、 Impact on the company

1. The frozen bank account is not the main bank account of the company, and the frozen amount is 5.4369 million yuan, accounting for 0.13% of the monetary fund balance in the audited consolidated financial statements of the company in 2020, which is relatively small and will not have an adverse impact on the production and operation of the company. Guangdong Omar refrigerator Co., Ltd., the holding subsidiary of the company, operated steadily and was not affected.

2. As of the disclosure date of this announcement, the case has not been heard and no legally effective judgment or ruling has been produced. Therefore, the company is unable to judge its impact on the company’s profits in the current period or after the period.

3. The company will take all means to safeguard the legitimate rights and interests of the company and the majority of investors according to law, and timely perform the obligation of information disclosure in accordance with relevant laws and regulations. The information disclosure media designated by the company are securities times, China Securities News, Shanghai Securities News and cninfo. Com. All information of the company shall be subject to the information published in the above designated media. Investors are invited to make rational decisions and pay attention to investment risks.

4、 Documents for future reference

1. Changzhi intermediate people’s court’s notice of case closure (2021 Jin 04 Zhi Bao No. 39).

It is hereby announced.

Guangdong Homa Group Co.Ltd(002668) board of directors February 16, 2002

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