The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) : Announcement on the progress of litigation matters of the company

Securities code: The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) securities abbreviation: The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) Announcement No.: 2022028

The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089)

Announcement on the progress of litigation matters of the company

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.

1、 Basic information on the acceptance of this litigation or arbitration

Case 1: dispute over equity transfer between The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) and Xu gaolei, Xu Gaoyun, Lei fan, Peng Hui, Li Dongying and Guangzhou Shangrong Investment Consulting Co., Ltd

Plaintiff: The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089)

Defendants: Xu gaolei, Xu Gaoyun, Lei fan, Peng Hui, Li Dongying and Guangzhou Shangrong Investment Consulting Co., Ltd. basic information: the company disclosed the announcement on the progress of company litigation and major litigation (Announcement No.: 2021137) and the civil judgment (2021) Yue 51 min Chu No. 537 of Chaozhou intermediate people’s Court of Guangdong Province on December 9, 2021, The ruling is as follows:

1、 Freeze the shares of The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) held by the respondent Xu gaolei (Securities abbreviation: St culture; securities code: The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) ; assisting executing agency: Shenzhen Branch of China Securities Depository and Clearing Corporation Limited). The number of shares frozen is within the limit of RMB 27933331669, which is determined by referring to the closing price of the trading day before the specific freezing measures are implemented, The freezing period is three years;

2、 The shares of The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) held by the respondent Guangzhou Shangrong Investment Consulting Co., Ltd. (Securities abbreviation: St culture; securities code: The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) ; assisting executing agency: Shenzhen Branch of China Securities Depository and Clearing Co., Ltd.) are frozen, and the number of shares frozen is within the limit of RMB 3916799226, It is determined by reference to the closing price of the previous trading day before the specific freezing measures are implemented, and the freezing period is three years;

3、 Freeze the deposit of the account opened by the respondent Xu Gaoyun in China Merchants Bank Co.Ltd(600036) Guangzhou Science and Technology Park sub branch with account No. 622 88, the limit is RMB 131328000, and the freezing period is one year;

4、 Freeze the deposit of the account opened by the respondent Lei fan in Senbao sub branch of Bank of Guangzhou with account No. 622 00, the limit is RMB 28800000, and the freezing period is one year;

5、 Freeze the deposit of the account opened by the respondent Peng Hui in China Merchants Bank Co.Ltd(600036) Guangzhou Jincheng sub branch with account No. 621 33, the limit is RMB 5760000, and the freezing period is one year;

6、 Freeze the deposit of the account opened by the respondent Li Dongying in China Minsheng Banking Corp.Ltd(600016) Guangzhou Zhujiang Textile City sub branch with account No. 621 05, the limit is RMB 51840000, and the freezing period is one year;

7、 Freeze the deposit of the account opened by the respondent Guangzhou Shangrong Investment Consulting Co., Ltd. in China Merchants Bank Co.Ltd(600036) Guangzhou Linhe road sub branch with account No. 120 01, the limit is RMB 12672000, and the freezing period is one year;

8、 Reject the preservation request of the applicant The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) for sealing up and detaining the real estate, motor vehicles and other equivalent properties under the name of the six respondents.

Progress:

The company received a summons from Chaozhou intermediate people’s Court of Guangdong Province, and the case was held on April 17, 2022. 2、 New litigation and arbitration matters

Case 1: the creditor subrogation dispute between Beijing perfect space Education Technology Co., Ltd. and Zhuhai branch of Xiamen International Bank Co., Ltd., Zhuhai Fenghuang North Branch of Xiamen International Bank Co., Ltd., and China Merchants Bank Co.Ltd(600036) Suzhou Branch

Plaintiff: Beijing perfect space Education Technology Co., Ltd

Defendant 1: Zhuhai branch of Xiamen International Bank Co., Ltd

Defendant 2: Zhuhai Fenghuang North sub branch of Xiamen International Bank Co., Ltd

Defendant 3: China Merchants Bank Co.Ltd(600036) Suzhou Branch

Add a third party: The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089)

Claim:

1. It is requested that the three defendants be ordered to jointly pay the plaintiff 45 million yuan and 376 million yuan of interest as of December 31, 20194552.24 million yuan;

2. Request to order the three defendants to jointly pay the plaintiff the interest calculated at the standard of 16% / year based on 45 million from January 1, 2020 to the date of actual repayment (temporarily calculated to November 30, 2021, 13.98 million);

3. The litigation costs of this case shall be borne by the three defendants.

3、 Other litigation and arbitration matters

Other litigation and arbitration matters of the company are disclosed in the attached form.

The Great Wall Of Culture Group Holding Co.Ltd.Guangdong(300089) board of directors March 1, 2022

Attachment:

The plaintiff and the defendant’s cause of action, the amount involved in the case (10000 litigation progress, litigation trial results, litigation judgment and property preservation yuan), the implementation of the whole measures, etc

Emerald education and August 1, 2019

The dispute over the transfer of former shareholders and core equity of Cultural Great Wall was filed and withdrawn on 16071663, which is not applicable

Management team

Ningbo Meishan bonded

Withdrawal and settlement of disputes over equity transfer of Yujing investment culture great wall in port area not applicable not applicable

Partnership (limited)

Partnership)

The company received the notice of sale (2019) from Futian District People’s Court of Shenzhen Yue 0304 Zhi No. 20015, It was learned that the people’s Court of Futian District of Shenzhen had made a decision on October 15, 2020 From 10:00 to 10:00 on December 16, 2020 The sale on: (1) According to the court’s civil investigation, Cai Long’s explanation of Fengxi District, Chaozhou City shows that building a of Great Wall company on JINDA Avenue is involved in the case The total amount of the plant (house property certificate No.: Zhu Huixin Cultural Great Wall equity transfer dispute 111715, mediation and settlement of 1117152027 yuan and partial implementation of 2016038213) shall be sold by the company, and the guarantee price shall be RMB

Fee, case acceptance fee and 3110912 yuan; (2) Preservation fee.

Building B of Great Wall company, cailong Avenue, Fengxi District, Chaozhou City (house property certificate No.: 2016038210) change the selling price to RMB

two

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