Poly Union Chemical Holding Group Co.Ltd(002037) : Announcement on litigation, arbitration and related progress

Securities code: 002037 securities abbreviation: Poly Union Chemical Holding Group Co.Ltd(002037) Announcement No.: 2022-06

Poly Union Chemical Holding Group Co.Ltd(002037)

Announcement on litigation and arbitration matters and relevant progress

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.

Poly Union Chemical Holding Group Co.Ltd(002037) (hereinafter referred to as “the company”) in order to speed up the recovery of accounts receivable, control the risk of accounts receivable and protect the interests of the company and all shareholders, actively collect accounts receivable through litigation or arbitration, and on July 1, 2021 The announcement on litigation and arbitration matters (Announcement No.: 2021-19) and the announcement on the progress of litigation of subsidiaries (Announcement No.: 2021-24) were disclosed on August 7. For details, please refer to the company’s disclosure in the designated information disclosure media securities times, China Securities News and cninfo (www.cn. Info. Com. CN.) Relevant announcements. The litigation, arbitration and related progress of the company and its holding subsidiaries are hereby announced as follows in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange:

1、 Progress of early litigation and Arbitration

1. The company disclosed the announcement on litigation and arbitration matters (Announcement No.: 2021-19) on July 1, 2021 and the announcement on litigation progress of subsidiaries (Announcement No.: 2021-24) on August 7, 2021. The company recovered 50 million yuan of accounts receivable through litigation and Arbitration (Xishui Baofeng reservoir project). Up to now, the company and its holding subsidiaries have recovered a total of 278 million yuan of accounts receivable through litigation and arbitration.

2. In the cases where the company is the plaintiff or applicant, most of the cases have been settled

Preservation, the preservation amount is about 866 million yuan, and the defendant and the company have reached a settlement in some cases

The defendant intends to apply to the referee for settlement, and the sued units in some cases are actively cooperating with the company

In connection with the negotiation of repayment plan, the company will actively follow up the progress of various cases and take relevant measures

Take measures to continuously strengthen the collection of accounts receivable, reduce the total amount of accounts receivable and safeguard shareholders’ interests

Interests.

2、 New litigation or arbitration

From July 1, 2021 to the date of this announcement, the subject matter of the holding subsidiary is more than 30 million yuan (including)

Time of litigation: progress of the subject matter amount of the plaintiff / applicant / defendant / respondent accepted by the court

No. (10000 yuan)

In Zunyi City, the case of poly Xinlian blasting engineering construction project is the case of Zunyi luo’an August 2021 laihancheng Group Co., Ltd. and the construction contract level people’s law 6327.21 greenway project. The judgment of Luzhou Futai construction and installation dispute court has been issued on September 9 of the first instance Both the new limited company and its associates filed an appeal.

Poly Xinlian explodes in Zunyi City. The case is a 35 million deposit case of the people’s law on the return of good faith fund of Guizhou Xishui Linlv investment of Xishui Engineering Group in September 2021. On February 2, the first instance of the dispute court of the limited company has been opened, The verdict is being followed up.

Poly Xinlian explosion Luo Qingjun, Luo Jian, Guiyang City middle school

3 in September 2021, three members of the engineering group were broken: the people’s law of Liupanshui Jiuxiang shareholder dispute level 3115.75. The case was a dispute discussed by the Blasting Engineering Co., Ltd. on June 14, and the first instance is pending. company

Jiangsu Qiancheng construction poly Xinlian blasting engineering construction project Guizhou compliance case is a 3656.82 project of Chicheng culture and tourism project 2021 9 Construction Engineering Co., Ltd. and Yishi intermediate construction contract. It was held on November 26, 2021. The people’s Court of the dispute over Chishui culture and tourism real estate Co., Ltd, At present, the responsible company is following up the judgment of the first instance.

Zhejiang Lancheng Hejian

Establish a Management Co., Ltd; Sichuan Province a

Poly Xinlian explodes Tibetan and Qiang in taolichunfengba, Jiuzhai, Sichuan

5. In January 2022, the project group real estate Co., Ltd; IV. contract dispute Autonomous Prefecture 30000.00. The case is the intermediate people’s project of Taoli Chunfeng Xiang Yue 7 Co., Ltd. in Jiuzhai, Sichuan, and has not yet been heard.

Travel limited, third court

Person: Luzhou Futai architecture

Installation Co., Ltd

Total 46599.78

As of the date of this announcement, the amount involved in litigation and arbitration cases of the company and its holding subsidiaries

A total of 2.048 billion yuan.

3、 Other undisclosed litigation and arbitration matters

As of the date of this announcement, in addition to the above litigation and arbitration matters, the company and its holding subsidiaries have no other undisclosed litigation and arbitration matters, nor other litigation and arbitration matters that should be disclosed but not disclosed.

4、 Possible impact of litigation and arbitration in this announcement on the company

The company will safeguard the interests of the company and shareholders through legal channels such as litigation and arbitration. As some cases have not been heard or closed, there is uncertainty about their impact on the company’s profits in the current period or after the period.

The company will timely perform the obligation of information disclosure according to the progress of litigation and arbitration in accordance with the relevant requirements of the stock listing rules of Shenzhen Stock Exchange. Please pay attention to the investment risks.

5、 Documents for future reference

Indictment or arbitration application, notice of acceptance (response).

It is hereby announced.

Poly Union Chemical Holding Group Co.Ltd(002037) board of directors February 18, 2022

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