Securities code: 600666 securities abbreviation: St Ruide Announcement No.: pro 2022-012 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 first instance has not yet opened / the first instance judgment
Party status of listed company: defendant / one of the defendants
Amount involved: 52 new investor lawsuits, with an amount of 14442965.82 yuan; In 69 small and medium-sized investor lawsuits, the plaintiff claimed 11091825.94 yuan and the first instance judgment paid 5905145.54 yuan (including litigation costs)
Whether it will have a negative impact on the profits and losses of listed companies: for the judgment result 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 new lawsuit has not yet been heard in court, and it is temporarily impossible to judge the amount of impact on the company’s current or future profits. The final accounting treatment shall be subject to the results confirmed by the audit institution after the annual audit. 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 69 civil judgments and 52 response notices from Harbin intermediate people’s Court (hereinafter referred to as “Harbin intermediate people’s court”). Now the relevant matters are announced as follows:
1、 Main information of litigation cases
(I) 20 judgments
1. Litigants
Plaintiff: 20 natural persons
Defendant: Audrey
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 3210709.48 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 1468251.09 yuan.
(2) Reject other claims of the plaintiff.
The case acceptance fee is 27451.98 yuan borne by ORID, and the case loss calculation fee is 15240.00 yuan borne by ORID.
(II) 29 judgments
1. Litigants
Plaintiff: 29 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 4469375.44 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 2353950.06.
(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 45662.31 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 21763.00 yuan shall be borne by ORID.
(III) three judgments
1. Litigants
Plaintiff: 3 natural persons
Defendants: aoruide, Zuo Hongbo, Dahua
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling 545864.3 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 292293.98 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 5568.17 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 2341.00 yuan shall be borne by ORID.
(IV) 16 judgments
1. Litigants
Plaintiff: 16 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 RMB 2554663.29.
(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) issued by 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 intermediate 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 1492251.06.
(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 29708.68 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 11952.00 yuan shall be borne by ORID.
(V) one 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 investment losses totaling 311213.43 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 134965.89 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 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 2999.32 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 747.00 yuan shall be borne by ORID.
(VI) 52 response notices
1. Litigants
Plaintiff: 52 natural persons
Defendant: Audrey
2. Plaintiff’s claim
(1) The defendant was ordered to compensate the plaintiff for investment losses totaling RMB 14442965.82.
(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.
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 file an appeal to the court within the time limit specified by law. The new lawsuit has not been heard in court, so it is temporarily impossible to judge the amount of impact on the company’s current or future profits. 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 21, 2022
