Securities code: 600856 securities abbreviation: * ST Zhongtian Announcement No.: pro 2022-024 ZTE Tianheng energy technology (Beijing) Co., Ltd
Announcement on litigation
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:
Litigation stage of the case: prosecution
The party status of listed companies: defendant
Amount involved: 48 million yuan (excluding interest)
Whether it will have a negative impact on the profits and losses of listed companies: this lawsuit is a dispute over the unpaid balance of equity transfer of listed companies. If the company loses the lawsuit, the company needs to bear interest and litigation costs, which has little impact on the company's profits in the current period or after the period.
On February 18, 2022, ZTE Tianheng energy technology (Beijing) Co., Ltd. (hereinafter referred to as "the company") received the (2022) Yue 5122 min Chu No. 227 subpoena, notice of response, notice of proof and complaint from the people's Court of Raoping County, Guangdong Province, Chaozhou Huafeng Group Co., Ltd. (hereinafter referred to as "Chaozhou Huafeng Group") filed a lawsuit with the people's Court of Raoping County, Guangdong Province due to the dispute over equity transfer with the company. The details of the lawsuit are as follows:
1、 Basic information of this lawsuit
(I) litigants
Plaintiff: Chaozhou Huafeng Group Co., Ltd
Address: Bank of China Complex Building (13th floor), Chaozhou Avenue, Chaozhou City, Guangdong Province
Defendant: ZTE Tianheng energy technology (Beijing) Co., Ltd
Address: block W2, Oriental Plaza, No. 1, East Chang'an Street, Dongcheng District, Beijing
(II) claims
1. Order the defendant to pay the plaintiff 48 million yuan for equity transfer;
2. Order the defendant to pay interest on arrears to the plaintiff;
3. Order the defendant to bear the litigation costs of the case.
(III) facts and reasons
On May 31, 2017, in order to jointly invest in the construction and operation of the LNG storage and distribution station project in Chaozhou Fujian Guangdong Economic Cooperation Zone, the plaintiff and the defendant signed the equity transfer and capital increase agreement, in which they reached the following contents: the plaintiff transferred 55% of the equity of Guangdong Huafeng Zhongtian LNG Co., Ltd. to the defendant, and the equity transfer price was 506 million yuan. The two parties made specific agreement on the payment method: the defendant paid a deposit of 100 million yuan on September 20, 2016; Within 7 working days from the date of signing this agreement, the defendant shall make an additional advance payment of 50 million yuan to the plaintiff; After the plaintiff completed the industrial and commercial change procedures for the transfer of the subject equity, the deposit was converted into the equity transfer payment, and the defendant paid 256 million yuan of the equity transfer payment; After the plaintiff completes the transfer of fixed assets and projects under construction (50000 ton LPG wharf and project land) contained in the capital verification report to the target company, the defendant shall pay the balance of equity transfer of RMB 100 million within 10 working days.
The plaintiff completed the transfer procedures of fixed assets and projects under construction contained in the capital verification report on December 26, 2017. According to the agreement, the defendant should pay the plaintiff the balance of equity transfer payment of RMB 100 million before January 10, 2018, but the defendant only paid RMB 50 million on January 8, 2018 and RMB 2 million on August 4, 2020, and still owed the plaintiff the equity transfer payment of RMB 48 million. Later, the plaintiff urged the arrears in various ways, but the defendant ignored it and has defaulted so far.
To sum up, in order to safeguard their legitimate rights and interests, the plaintiff filed a lawsuit with the people's Court of Raoping County, Guangdong Province.
2、 The impact of the lawsuit announced this time on the company's profits in the current period or after the period
This lawsuit is a dispute over the listed company's failure to pay the balance of equity transfer. If the company loses the lawsuit, the company needs to bear interest and litigation costs, which has little impact on the company's current or future profits.
The information disclosure media designated by the company are Shanghai Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN), The information about the company is subject to the information disclosed by the company in the above designated media. Please pay attention to the investment risks.
It is hereby announced.
Board of directors of ZTE Tianheng energy technology (Beijing) Co., Ltd
February 23, 2022
